Latest news
Seven EU countries oppose new EU funding as response to US subsidy plan
Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as seven EU countries openly rejected the idea in a letter to the EU executive.
read more... 27/01/2023
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Turkey's natural gas find in Black Sea now comes to 710 bcm
The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic metres (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday.
read more... 27/12/2022
Portugal increases support to help with rising energy bills
The Portuguese government will next year increase the amount of financial aid available to help families and companies cope with rising gas and electricity prices, it said on Wednesday.
read more... 15/12/2022
Germany signs deal with gas firms to supply two floating LNG terminals
Germany signed a memorandum of understanding (MoU) on Tuesday with the country's top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to reduce reliance on Russian energy.
read more... 17/08/2022
(Daily 06.07.2022): Oil prices saw their biggest daily drop since March on Tuesday
On Tuesday, oil prices saw their biggest daily drop since March, as lockdowns in China and mounting concerns about a world recession reduced demand. Brent crude fell by 9.5% to settle at $102.77 a barrel, while WTI crude dropped by 9.9% to $99.5 a barrel.
read more... 06/07/2022