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Daily (16.03.2023): European power prices fell on Wednesday amid lower gas and CO2 prices
Oil prices had a bearish evolution on Wednesday due to a crisis in the banking sector and amid worries about the broader economy. Consequently, Brent crude decreased by 4.8% to $73.69 a barrel and WTI oil closed 5.2% lower at $67.61 a barrel.
read more... 16/03/2023
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
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
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