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EU energy ministers hold crisis talks after Russian gas cuts
Energy ministers from European Union countries hold emergency talks on Monday, as the bloc strives for a united response to Moscow's demand that European buyers pay for Russian gas in roubles or face their supply being cut off.
read more... 03/05/2022
Daily (03.05.2022): European carbon prices decreased by 1.7% on Monday as compliance interest wane
Crude oil prices diverged on Monday, with Brent crude declining by 1.6% at $107.58 a barrel as concerns of slowing economic growth in China outweighed fears of a potential supply cut from a looming EU-wide ban on Russian oil. In contrast, US WTI crude futures rose by 0.5% to settle at $105.17 a barrel, tracking the rally in the diesel market.
read more... 03/05/2022
Daily (02.05.2022): NBP gas prices slumped on Friday due to reduced concerns over Russian gas supply
Oil prices varied on Friday, on worries about weak economic growth in China, the world's top oil importer as well as fears of potential supply in case of a potential European Union ban on Russian crude.
read more... 02/05/2022
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Bulgaria becomes regional hub for gas supplies
A regional coordination centre will be set up in Bulgaria to manage the overall use of gas and electricity infrastructure and additional gas purchases for the Balkans and Italy, announced Deputy Prime Minister and Finance Minister Asen Vassilev in Brussels after meeting with EU Commission President Ursula von der Leyen and Executive Vice-President Frans Timmermans on Thursday (28 April).
read more... 02/05/2022
Hydrogen will be ‘pivotal element’ in future economy
Hydrogen will be essential for Europe’s future economy, particularly to store and transport green energy, EU climate chief Frans Timmermans told the European Parliament on Thursday (28 April).
read more... 02/05/2022