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Daily (15.03.2022): British gas prices dropped sharply on Monday amid peace talks, healthy supply
Crude oil prices fell sharply on Monday to hit their lowest levels in two weeks amid ongoing negotiations between Russia and Ukraine, as well as pandemic-linked travel ban in China. Hence, Brent crude dropped by 5% to settle at $106.90 a barrel. U.S. WTI crude shed by 5.8% to close at $103.01 a barrel.
read more... 15/03/2022
EU rolls out plan to slash Russian gas imports by two thirds before year end
The European Commission on Tuesday (8 March) presented proposals to reduce the EU’s dependence on Russian gas by two thirds before the end of 2022 as part of a plan to become independent from all Russian fossil fuels “well before 2030”.
read more... 10/03/2022
Europe aims to scale up infrastructure for permanent carbon removals
The European Commission is looking at ways of building up infrastructure for transporting and permanently storing CO2 underground as well as recycling carbon into new products.
read more... 22/02/2022
Daily (02.02.2022): UK gas prices declined on Tuesday following a rise in natural gas supplies to Europe
Crude oil prices were steady to bearish on Tuesday, as the market remained cautious ahead of the Organisation of the Petroleum Exporting Countries (Opec) and its Opec+ partners meeting, as well as the release of US inventories. Thus, Brent crude declined by 2.3% to settle at $89.16 a barrel. Meanwhile, the American WTI crude price steadied at $88.20 a barrel.
read more... 02/02/2022
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Britain to give EDF’s Sizewell C nuclear project $135 mln support
Britain will give 100 million pounds ($135 million) of support to France’s EDF to help it build the Sizewell C nuclear plant in Suffolk, England and encourage new investors in the project, the government said on Thursday.
read more... 27/01/2022