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EU plans hydrogen deal with Namibia as it pulls away from Russian energy

The European Union is planning a deal with Namibia to support the country’s nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy.

read more... 05/07/2022

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Brent oil stalls as market weighs supply disruption, recession fear

Brent oil prices were little changed on Tuesday, reversing earlier gains of $1, as investors weighted supply concerns, highlighted by a potential production cut in Norway, and worries about a possible global recession curtailing fuel demand.

read more... 05/07/2022

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High power prices will last for years – Vattenfall CEO

Europe will likely see extremely high and volatile power prices for several years even if the war in Ukraine were to end tomorrow, the CEO of Sweden’s Vattenfall told Montel on Monday.

read more... 05/07/2022

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EU ministers want stronger carbon price control mechanism

EU ministers want a stronger carbon price control mechanism to tackle excessive rises, according to the EU Council’s formal position on draft ETS reforms published late on Thursday.

read more... 04/07/2022

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Gazprom gas exports to Europe fall 31% in H1

Gazprom's gas exports to Europe dived 31% in the first six months of the year, the Russian energy giant said on Friday.

read more... 04/07/2022

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