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EU reviewing contingency plans for gas supply disruptions
The European Union is reviewing contingency plans for disruptions to gas supply, although countries' storage and infrastructure should buffer against major shocks, the EU's energy policy chief said on Wednesday.
read more... 04/02/2022
Bulgaria welcomes Greek LNG terminal decision for diversification of supply
The company in charge of building the Greece-Bulgaria gas interconnector hailed on Tuesday (1 February) the final investment decision on developing a liquefied natural gas (LNG) terminal off the Greek city of Alexandroupolis as a major chance for increasing the capacity of the gas link between the two Balkan countries.
read more... 03/02/2022
Daily (02.02.2022): UK gas prices declined on Tuesday following a rise in natural gas supplies to Europe
Crude oil prices were steady to bearish on Tuesday, as the market remained cautious ahead of the Organisation of the Petroleum Exporting Countries (Opec) and its Opec+ partners meeting, as well as the release of US inventories. Thus, Brent crude declined by 2.3% to settle at $89.16 a barrel. Meanwhile, the American WTI crude price steadied at $88.20 a barrel.
read more... 02/02/2022
Denmark's CIP to lead giant green hydrogen project in Spain
Danish renewable company Copenhagen Infrastructure Partners (CIP) will lead a project in Spain to build a giant hydrogen plant, it said on Tuesday, as part of the Spanish government's efforts to use EU funds to become a top producer of the gas.
read more... 02/02/2022
EU to propose green investment label for gas and nuclear energy
The European Commission is set to propose rules on Wednesday to allow some gas and nuclear power plants to be labelled as green investments, with minor changes to a previous draft proposal, a Commission source told Reuters.
read more... 02/02/2022