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French government aims to cut red tape for new nuclear reactors
France has drafted legislation to streamline bureaucracy for administrative permits needed to build new nuclear power plants, as it aims to double down on its nuclear and renewable energy facilities amid a global energy crunch.
read more... 03/11/2022
Daily (28.04.2022): European electricity prices soared on Wednesday as Russia turns off is gas taps
Crude oil prices increased modestly on Wednesday ongoing concerns about tight worldwide supply, exacerbated by Russia's move to cut off gas shipments to two European nations. Hence, Brent crude rose by 0.3% to settle at $105.32 a barrel. U.S. WTI crude added 0.3% to end at $102.02 a barrel.
read more... 28/04/2022
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Support grows for reopening Dutch gas taps amid supply crisis
An increasing number of people and industry experts in the Netherlands are in favour of producing more gas from the country’s huge but depleting Groningen gas field amid growing concerns about a Europe-wide energy supply crunch.
read more... 25/03/2022
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Germany reactivates coal power plants amid Russian gas supply threats
As Germany closes its last nuclear reactors, it is also reactivating old coal power plants to ensure electricity supply security amid Russian threats to turn off the gas tap.
read more... 10/03/2022
Daily (06.12.2021): Near-term gas prices weakened on Friday, weighed by profit-taking and forecasts of milder temperatures
Oil prices were mitigated on Friday, following the decision of OPEC+ members to maintain the planned gradual increase in crude production, despite the new variant of Covid and reports of tapping into strategic reserves. As a result, Brent oil edged 0.3% up at $69.88 a barrel, while WTI crude slipped by 0.4% to $66.26 a barrel.
read more... 06/12/2021