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EU considers gas price cap extension to avert winter crisis
The European Union is considering extending an emergency gas price cap introduced in February, amid fears the conflict in the Middle East and sabotage of a Baltic pipeline could push prices up again this winter, the Financial Times reported on Sunday.
read more... 23/10/2023
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Qatar signs 27-year gas supply deal with Italy's Eni
State-owned QatarEnergy said on Monday it would supply Italy's Eni with gas for 27 years, following similar deals this month to supply the Netherlands via Shell and France through TotalEnergies.
read more... 23/10/2023
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Elering and AST to build a hybrid interconnector with 1GW capacity
Electricity transmission system operators Elering and Augstsprieguma tīkls (AST) have agreed to build a new interconnector between Estonia and Latvia.
read more... 23/10/2023
Daily (23.10.2023): Gas prices extended gains on Friday amid colder weather, ongoing conflict in the Middle East and persisting supply concerns
Oil prices witnessed a minor decline on Friday in a market filled with uncertainty. This uncertainty stems from various factors, including the ongoing conflict in the Middle East and the looming political crisis in the United States Congress. As a result, Brent crude stabilized at $92.16 per barrel, while WTI crude ended at $88.08 per barrel, down 1.4% day-on-day.
read more... 23/10/2023
Daily (20.10.2023): Oil prices continued their steady rise, surpassing $92 a barrel on Thursday as tensions in the Middle East remain high
Oil prices resumed their rise on Thursday as the ongoing concerns regarding a possible crisis in the Middle East outweighed the potential rise in Venezuelan exports. Thus, Brent crude settled at $92.38 per barrel, while WTI crude ended at $89.37 per barrel, both contracts trading 1% down day-on-day.
read more... 20/10/2023