Latest news
Borrell: New EU sanctions against Russia before Feb 24
European Union High Representative for Foreign Affairs Josep Borrell stated on Monday that the 10th sanctions package against Russia is expected to be adopted by the EU before the end of the week, which also marks the anniversary of the onset of the Ukrainian conflict.
read more... 21/02/2023
.jpg)
No electricity market reform ahead of EU elections, Berlin insists
While Brussels works on its reform of the EU’s electricity market, with backing from the likes of France and Spain, Germany is pushing to delay the overhaul until after the 2024 EU elections.
read more... 21/02/2023
Daily (20.02.2023): Oil prices continued their bearish evolution on Friday, despite forecasts of rising Chinese demand
Oil prices continued their bearish trend on Friday, despite forecasts of rising Chinese demand, as oil producers are expected to maintain current volumes of crude exports and OPEC+ agreement will continue until the end of the year. Thus, Brent crude oil posted a 2.5% day-on-day loss to settle at $83.00 a barrel.
read more... 20/02/2023
EC open to extending Iberian price cap – official
The European Commission is open to approving Spain and Portugal’s request to extend the current price cap curbing Iberian power prices, a Spanish official said on Friday.
read more... 20/02/2023
China is taking control of LNG amid boom in global demand
A rush by China to sign new long-term liquefied natural gas deals promises to give the nation even more control over the global market at a time when competition for cargoes is booming.
read more... 20/02/2023