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Nine EU member states reject need for energy market reform or climate rethink
Nine EU member states have rejected suggestions from France and Spain that Europe's wholesale energy markets need reform in response to the current energy price crisis, they said in a joint letter ahead of an emergency meeting of EU energy ministers to be held Oct. 26.
read more... 26/10/2021
The European cities turning to geothermal
A growing number of cities in Europe are betting on geothermal to provide households with clean heating, but the little-known renewable energy source will need more attention from Brussels in order to scale up.
read more... 26/10/2021
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Repsol brings Norway's Yme oil field back on stream after 20 years
Spanish energy firm Repsol started oil production at Norway’s Yme field on Monday, the company said in a statement, applying new technology to bring the North Sea petroleum reservoir back on stream 20 years after it was first abandoned.
read more... 26/10/2021
Daily (25.10.2021): Oil prices rose by over 1% on Friday, on bullish demand and low supply
Crude oil prices rose on Friday, supported by continued strong demand and limited supply. Thus, Brent oil increased by 1.1% to $85.53 a barrel and WTI crude gained 1.5% at $83.76 a barrel.
read more... 25/10/2021
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Italy urges EU to start work now on joint gas storage plan
Italy has urged the European Union to start work immediately on a plan to create a joint storage system for strategic gas reserves, Prime Minister Mario Draghi said on Friday.
read more... 25/10/2021