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Daily (28.04.2022): European electricity prices soared on Wednesday as Russia turns off is gas taps
Crude oil prices increased modestly on Wednesday ongoing concerns about tight worldwide supply, exacerbated by Russia's move to cut off gas shipments to two European nations. Hence, Brent crude rose by 0.3% to settle at $105.32 a barrel. U.S. WTI crude added 0.3% to end at $102.02 a barrel.
read more... 28/04/2022
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First gas flows between Denmark and Norway after Baltic Pipe North Sea construction ends
Energinet has completed all work on the Baltic Pipe project in the North Sea, after several years of preparation and construction work.
read more... 28/04/2022
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Italian grid to struggle with fast green growth
The Italian power grid may not be ready to accommodate an acceleration of new green capacity as the government is pushing to accelerate its green transition and reduce dependence on Russian gas, experts told Montel.
read more... 28/04/2022
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EU inches forward on Russian oil ban as Germany, Hungary soften opposition
The two main opponents to a ban on Russian oil imports, Germany and Hungary, have softened their opposition to the move. EURACTIV looks at the options on the table and the state of play.
read more... 28/04/2022
Daily (27.04.2022): British gas price surged on Tuesday amid news that Russia will suspend gas flows to Poland
Crude oil prices rebounded on Tuesday a pledge of China’s central bank to boost liquidity in financial markets, which helped soothe concerns about the impact of a resurgent Covid-19 that had led to another lockdown. Hence, Brent crude increased by $2.67, or 2.6%, to settle at $104.99 a barrel. U.S. WTI crude soared by $3.16, or 3.2%, at $101.70.
read more... 27/04/2022