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British Gas continues offering 50% off electricity bills

British Gas is continuing to provide customers with a 50% discount on their electricity bills as they extend their PeakSave Sundays scheme until the end of December.

read more... 04/10/2023

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Daily (03.10.2023): Crude oil prices fell to a three-week low on Monday amid bleak economic outlook, rate hike fears

Crude oil prices dropped, to hit their lowest levels in three weeks on Monday due to concerns over the health of the global economy. Furthermore, the prospect of higher interest rates also dragged oil prices down. As a result, Brent crude slumped by 4.8% to settle at $90.71 a barrel. Meanwhile, U.S. WTI crude declined by 2.2% to $88.82 a barrel.

read more... 03/10/2023

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EU countries consider scrapping part of energy reforms

European Union countries are considering scrapping a central part of reforms to Europe's electricity market, amid a deadlock between France and Germany over state aid for power plants, a document seen by Reuters showed.

read more... 03/10/2023

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Italy weighs auto incentive scheme to cut Chinese EV price advantage

Italy is considering new incentives for car purchases that would factor in carbon emissions in the manufacturing and distribution process, two sources close to the matter told Reuters on Monday, a way of protecting its industry against Chinese imports.

read more... 03/10/2023

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Dutch climate minister calls for strong coalition to phase out fossil fuel subsidies

Dutch Climate Minister Rob Jetten said on Monday he would work in coming weeks to set up a strong international coalition to phase out subsidies and tax breaks tied to the use of fossil fuels blamed for global warming.

read more... 03/10/2023

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