Latest news

Nuclear row threatens EU deal on renewable energy goals

European Union countries are split over whether to allow nuclear energy to contribute to meeting their renewable energy targets, a dispute threatening to delay one of the EU's main climate policies.

read more... 29/03/2023

news

Finance risk could limit EU’s joint gas buying plans

Companies’ ability to use the EU’s joint gas buying platform could be limited by lack of access to the financial guarantees needed to underpin contracts, European Commission vice president Maros Sefcovic said on Tuesday.

read more... 29/03/2023

news

EU ministers sign off binding 2030 carbon sink target

EU energy ministers gave final approval on Tuesday for a binding target to create carbon sinks in the agricultural and forestry sectors, enabling net removals of 310m tonnes of CO2 equivalent by 2030.

read more... 29/03/2023

news

Daily (28.03.2023): British gas prices moved upwards on Monday amid cold weather, ongoing strikes in France

Oil prices increased on Monday as a result of Iraq being forced to stop some crude exports from its semi-autonomous Kurdistan region and as a result of actions taken to prevent a potential banking crisis that could have negatively impacted oil demand. Brent crude futures soared by $3.13, or 4.17%, to settle at $78.12 a barrel. U.S. WTI crude gained $3.63, or 5.24%, to end at $72.89.

read more... 28/03/2023

news

EU plans early carbon market auctions from July

The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening.

read more... 28/03/2023

news