Latest news
EU, US strike LNG deal as Europe seeks to ditch Russian gas
The United States will aim to supply 15 billion cubic metres (bcm) of additional liquefied natural gas (LNG) to EU markets this year to help Europe break away from Russian fossil fuel supplies, the two sides announced on Friday (25 March).
read more... 28/03/2022
EU leaders to debate ‘contagion effect’ of gas prices on electricity
At the insistence of Spain and other southern countries, EU leaders will instruct officials to look into the contagion effect of gas prices on electricity markets, according to draft summit conclusions seen by EURACTIV.
read more... 28/03/2022
EU bets on green gases and electricity to break away from Russian fossil fuels
Faced with high energy prices and the urgent need to break away from Russian fossil fuels, the European Commission is doubling down on the roll-out of renewables and energy efficiency measures.
read more... 23/03/2022
EC targets faster wind/solar permitting, heat pumps, consumer protection
Europe must amend its permitting rules to clear the way for a massive acceleration in wind and solar development in response to the war in Ukraine, European Commissioner for Energy Kadri Simson said March 8.
read more... 09/03/2022
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Daily (02.03.2022): Brent crude surged towards $105 a barrel on Tuesday despite IEA agreement
Oil prices surged on Tuesday with Brent crude hitting its highest level since 2014 as Russia’s invasion of Ukraine entered its seventh day. However, IEA’s decision to release 60m bbl of reserves to alleviate price hikes did little to calm markets. Hence, Brent crude soared by 4% to settle at $104.97 a barrel.
read more... 02/03/2022