The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.
read more... 10/05/2022
Despite progress, 19.2GW of coal projects remain in a grey area of China’s “no new coal overseas” policy and could still go ahead, according to analysis from energy think tank CREA.
read more... 09/05/2022
European coal prices were little changed in Thursday trading as an imminent sanction-related halt to Russian supply continued to unnerve market participants and there were signs of limitations to alternative South African exports.
read more... 15/04/2022
Crude oil prices gained ground on Friday as increased concerns about reduced Russian exports counterbalanced increased supply to the market from emergency reserves. Brent crude soared by $2.20, or 2.19%, to settle at $102.78 a barrel. U.S. WTI crude increased by $2.23 to $98.26 a barrel.
read more... 11/04/2022
All Russian coal and other solid fossil fuels imports to the EU must stop by 10 August under the bloc’s fifth package of sanctions against Russia in force since Saturday.
read more... 11/04/2022