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Bulgaria offers Slovenia new nuclear power plant project

Bulgaria offered Slovenia to join the project for the new reactors at the Kozloduy Nuclear Power Plant as an energy buyer or as an investor, an offer that was already made to Greece earlier this year.

read more... 30/08/2023

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Daily (29.08.2023): German spot power surged dramatically by about 27% amid ongoing heatwave

Crude oil prices ended rather stable on Monday as markets faced another day of uncertainty over price direction. Despite China's economic stimulus measures, worries about possible additional U.S. interest rate hikes overshadowed the positive impact. Thus, Brent crude ended rather flat at $84.42 a barrel. Meanwhile, U.S. WTI crude edged 0.3% higher at $80.10 a barrel.

read more... 29/08/2023

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Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates

Chevron's (CVX.N) two major liquefied natural gas (LNG) production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labour action in a dispute over pay and conditions.

read more... 29/08/2023

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German electricity price fight intensifies ahead of government retreat

The German government coalition is split on whether or not to subsidise electricity prices for energy-intensive industries, such as chemical industries and steel, with Chancellor Scholzā€™s own Social Democrats party turning against his position.

read more... 29/08/2023

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Slovakia stops relying on Russia for nuclear fuel

A new deal with US firm Westinghouse means that 18 months after Russia invaded Ukraine, Slovakia has diversified its suppliers of crucial energy materials and is now looking to France for another source.

read more... 29/08/2023

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