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Ukraine, Poland PMs call on Germany not to launch Nord

The entire civilized world, including Germany, must make every effort to prevent the use of Nord Stream 2 as a hybrid energy weapon against Ukraine and the European Union.

read more... 03/02/2022

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Bulgaria welcomes Greek LNG terminal decision for diversification of supply

The company in charge of building the Greece-Bulgaria gas interconnector hailed on Tuesday (1 February) the final investment decision on developing a liquefied natural gas (LNG) terminal off the Greek city of Alexandroupolis as a major chance for increasing the capacity of the gas link between the two Balkan countries.

read more... 03/02/2022

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EDF Hinkley Point project gets next phase go-ahead

A workforce of up to 4,000 at peak times will be needed for the next phase of EDF's Hinkley Point C nuclear power plant project which has just been given the official go-ahead.

read more... 03/02/2022

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Daily (02.02.2022): UK gas prices declined on Tuesday following a rise in natural gas supplies to Europe

Crude oil prices were steady to bearish on Tuesday, as the market remained cautious ahead of the Organisation of the Petroleum Exporting Countries (Opec) and its Opec+ partners meeting, as well as the release of US inventories. Thus, Brent crude declined by 2.3% to settle at $89.16 a barrel. Meanwhile, the American WTI crude price steadied at $88.20 a barrel.

read more... 02/02/2022

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Belgium to cut VAT in response to energy price spike

Belgium will cut value added tax on electricity as part of a package to shield consumers from rising energy prices, the prime minister said on Tuesday.

read more... 02/02/2022

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