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Daily (21.09.2022): NBP gas prices recovered on Tuesday amid cold weather forecasts
On Tuesday, oil prices were bearish, following a decline in other risk assets. The dollar remained strong and investors anticipated further interest rate increases from central banks in order to reduce inflation. As such, Brent crude settled 1.5% lower at $90.62 a barrel. WTI crude decreased by 2.1% to $83.94.
read more... 21/09/2022
Bulgaria tenders for gas supplies to ride out energy crisis
Bulgaria's state gas company, Bulgargaz, is launching three tenders for liquefied natural gas (LNG) on Tuesday to avoid winter shortages and ensure long-term energy security, said Chief Executive Denitsa Zlateva.
read more... 21/09/2022
Danish government proposes temporary ceiling on energy bills
Denmark's government on Wednesday proposed a temporary ceiling for consumers' gas, electricity and district heating costs this winter to counter soaring energy prices.
read more... 16/09/2022
Portugal rules out energy windfall tax, cites other mechanisms aiding customers
Portugal is already transferring hundreds of millions of euros of excess profits made by electricity and gas companies from spiralling energy prices to consumers and sees no immediate need for a windfall tax, its finance minister said on Wednesday.
read more... 16/09/2022
EU Parliament backs higher targets on renewables and energy savings
European Union lawmakers voted on Wednesday to raise the bloc's targets to expand renewable power and save energy, backing proposals that had been made more ambitious in a bid to quickly end Europe's reliance on Russian gas.
read more... 16/09/2022