Europe may still face a shortfall in energy supply this winter, depending on the return of Asian LNG demand, temperatures and the ramp up of French nuclear power, IEA executive director Fatih Birol told Montel on Wednesday.
read more... 09/06/2023
Oil prices edged lower on Tuesday, as a bearish outlook continued to weigh on prices, with traders expecting Saudi Arabia's production cut not to extend beyond July, thereby easing supply concerns. Brent crude slipped by 0.5 % to settle at $76.29 a barrel. Meanwhile, WTI crude traded at $71.74 a barrel, down by 0.6% day-on-day.
read more... 07/06/2023
Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to use the gas to shift to a low carbon economy.
read more... 07/06/2023
The first auction to support green hydrogen production in Europe will help understand supply and demand on the emerging EU market when it takes place at the end of the year, according to the European Commission.
read more... 02/06/2023
In a bid to adapt to evolving market conditions, Ofgem is proposing to end the temporary multiple claim process for Last Resort Supply Payments (LRSPs).
read more... 30/05/2023