Latest news
Germany inaugurates first new LNG terminal
The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first regasification ship set to dock in mid-December.
read more... 16/11/2022
Germany's upper house clears state relief on gas prices
The German Parliament's upper house - Bundesrat - on Monday approved the federal government's plan to cover December's gas bill for households and certain businesses. The payment is intended to bridge the gap until the planned introduction of the gas price brake next March.
read more... 15/11/2022
Slovakia's InoBat eyes electric vehicle battery plant in Serbia
Slovakian battery maker InoBat said on Monday it has signed declarations of intent with the Serbian government to build an electric vehicle (EV) battery factory in the Balkan country with a capacity of up to 32 gigawatt hours (GWh).
read more... 15/11/2022
Daily (14.11.2022): Oil prices rose on Friday due to stronger demand from China
The world's largest petroleum importer, China, is expected to experience increased economic activity and demand after the country's COVID-19 restrictions were partially loosened by the Chinese government. Consequently, oil prices rose on Friday, with Brent crude settling 2.5% higher at $95.99 a barrel. WTI was seen rising by 2.9% to $88.96 per barrel.
read more... 14/11/2022
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Czech government caps power firm revenues in $4 bln windfall plan
The Czech government approved plans for caps on the revenues of power firms on Wednesday, as part of plans to fund measures to ease the burden of soaring prices on households and companies.
read more... 10/11/2022