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EU in touch with partners to boost gas supplies

The European Union is talking with partners about the potential for increasing gas supplies to the bloc, Energy Commissioner Kadri Simson said after a meeting with European energy ministers in France on Saturday.

read more... 25/01/2022

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Daily (24.01.2022): Increased tensions at the border between Russia and Ukraine sent gas markets higher on Friday

Crude oil prices extended losses on Friday, pressured by declining stock markets in New York. Nevertheless, tensions between the United States and Russia over the situation in Ukraine capped losses. Thus, Brent oil edged 0.6% lower at $87.89 a barrel and WTI crude slipped by 0.5% to $85.14 a barrel.

read more... 24/01/2022

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Germany mulls scrapping energy bill surcharge early as prices rise

The German government may scrap this year a surcharge on electricity bills used to support renewable power, to ease the strain of rising energy costs on millions of households, Social Democrat (SPD) co-leader Lars Klingbeil said on Saturday.

read more... 24/01/2022

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Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week

Renault, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters.

read more... 24/01/2022

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EU ministers mull carbon border tax, argue over nuclear’s green credentials

European Union environment ministers gathered in France Thursday (20 January) to mull climate policy and the merits of a carbon border tax, while airing differences on whether nuclear energy can be classified as “green”.

read more... 24/01/2022

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