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Bulgaria eyes single gas market with Greece, Serbia, North Macedonia
Bulgaria wants to join forces with Greece, Serbia, and North Macedonia to create a single gas market that would improve supply diversity and lead to more favorable gas prices, Bulgarian Prime Minister Kiril Petkov said Feb. 8.
read more... 10/02/2022
Germany considering lawsuit against EU taxonomy
Germany’s vice-chancellor Robert Habeck said on Monday (7 January) that Berlin would examine a contentious proposal by the European Commission to include nuclear power and fossil gas in the EU’s sustainable finance taxonomy before considering a potential lawsuit.
read more... 09/02/2022
EU, US pledge gas cooperation as tensions rise over Ukraine
The United States and the European Union pledged on Monday (7 February) to work to ensure gas supplies can respond to disruptions in pipeline gas flows, as tensions rise over the massing of troops on Ukraine’s borders by Russia, Europe’s biggest gas supplier.
read more... 09/02/2022
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EU eyes more Azeri gas amid high bills and tight Russian supplies
The European Union is seeking more natural gas from Azerbaijan, an EU official said on Friday (4 February), as Europe grapples with high energy bills and tight deliveries from Russia, its main supplier of fuel, which has been at loggerheads with the West over Ukraine.
read more... 08/02/2022
Daily (07.02.2022): German and French forward power contracts jumped by more than 4% on Friday, on record high CO2 prices and bullish gas markets
Crude oil prices ended higher on Friday, on worries about the continued Ukrainian crisis and insufficient production from OPEC members. Moreover, a winter storm that hit the US, impacting production and supply, also boosted prices. As such, Brent oil rose by 2.4% to $93.27 a barrel and WTI crude gained 2.3% at $92.31 a barrel.
read more... 07/02/2022