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France begins direct gas shipments to Germany

France has started sending natural gas to Germany as part of its pledge to ensure EU energy solidarity as Russia reduces exports after its invasion of Ukraine, the French network operator said Thursday.

read more... 17/10/2022

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Gas cap could slash German power price massive 72%

The introduction of a European gas price cap could slash the German wholesale power price by up to a whopping EUR 309, or 72%, from its current level next winter, an analyst said on Thursday. However, it would still not be enough to see prices revert to levels they were before Russia’s war in Ukraine, Ryan Alexander, research lead at Aurora Energy Research, told Montel’s Austrian Energy Day.

read more... 14/10/2022

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Russian flows via Ukraine may stop within weeks – analyst

Gas flows from Russia to Europe via Ukraine could stop as soon as the end of October, said Energy Aspects gas analyst Leon Izbicki on Thursday.

read more... 14/10/2022

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Daiy (12.10.2022): Oil prices declined amid worsening global economic outlook

Oil prices had a bearish evolution on Tuesday, as a result of a worsening prognosis for global economic outlook due to the conflict in Ukraine. Consequently, Brent crude tumbled by 1.9% to $94.29 a barrel, and WTI oil dipped by 1.9% to $89.35 a barrel.

read more... 12/10/2022

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Czech government clears way for price caps on electricity, gas

The Czech government cleared the way on Wednesday to impose caps on electricity and gas prices for households, public institutions and small companies for 2023 as the country faces soaring prices pushed higher by the war in Ukraine.

read more... 07/10/2022

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