Latest news
Italy seeks 6 billion euros from REPowerEU plan, more time to spend COVID funds
Italy is in talks with European Union authorities to secure at least 6 billion euros ($6.33 billion) under the so-called REPowerEU plan to completely wean itself off Russian gas and boost efforts to make its economy more green, sources said.
read more... 28/02/2023
Daily (27.02.2023): Power prices increased on Friday amid rising gas and coal prices
Oil prices rose on Friday due to the prospect of lower Russian exports which counterbalanced rising US stocks. Consequently, Brent crude increased by 1.1% to $83.16 a barrel and WTI oil ended 1.2% higher at $76.32 a barrel.
read more... 27/02/2023
Methane from Australian coal and gas could be 60% higher than estimated
Methane emissions from Australian coalmines and gas production could be more than 60% higher than federal government estimates suggest, according to satellite and ground data released by the International Energy Agency.
read more... 24/02/2023
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Healthy gas storage warms Europe, but not enough
As Europe emerges from a mild winter with gas storage close to record levels, it must brace for another costly race to replenish its reserves on the international market.
read more... 23/02/2023
China is taking control of LNG amid boom in global demand
A rush by China to sign new long-term liquefied natural gas deals promises to give the nation even more control over the global market at a time when competition for cargoes is booming.
read more... 20/02/2023