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The EU to triple renewable production by 2030

The EU has announced new plans to increase renewable production by a third and phase-out natural gas use amid volatile energy prices.

read more... 16/03/2023

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EDF extends operating life of two UK nuclear plants by two years

EDF Energy will extend the operating life of its Hartlepool and Heysham 1 nuclear plants in Britain by two years to March 2026, it said on Thursday, boosting the country's energy security amid turbulent gas and power markets.

read more... 13/03/2023

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EU energy chief tells companies not to sign new Russian LNG deals

European Union countries and companies should not sign new contracts to buy Russian liquefied natural gas, as part of the bloc's attempt to end its energy dependence on Moscow, the EU's energy policy chief said on Thursday.

read more... 10/03/2023

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Daily (07.03.2023): British near-term gas prices fell on Monday due to strong supply.

Oil prices had a bullish evolution on Monday on supply concerns due to weaker Russian deliveries. Consequently, Brent crude increased by 0.4% to $86.18 a barrel and WTI oil closed almost 1% higher at $80.46 a barrel.

read more... 07/03/2023

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The EU Moves Toward Forming A Natural Gas Buyers’ Cartel

The European Union will make its first move as a buyers’ group on the international gas market next month as it launches the first tender for suppliers.

read more... 07/03/2023

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