The Netherlands remains convinced of the need to close production at Groningen, once one of Europe's largest gas fields, by October following earthquake risks which made it dangerous to keep operating, the Financial Times (FT) reported on Sunday citing a government official.
read more... 23/01/2023
Gas grid operator Snam aims to boost Italy's role in the European energy system with new investments, its new CEO said on Thursday when presenting the group's plan to 2026.
read more... 20/01/2023
Small and medium sized Polish companies will pay over 19% less for gas from Wednesday, as wholesaler PGNiG Obrot Detaliczny cut prices for businesses.
read more... 20/01/2023
Despite some hopeful predictions for oil consumption, oil prices were trading down on Wednesday as worries about the American recession took control. Investors have become aware that a recession is on the horizon amid US indices suggesting a severe slowdown in consumer spending. As a result, Brent crude oil slipped by $0.94, or 1.09% to settle at $84.98 a barrel. US WTI crude declined by 0.9% to end at $79.48 a barrel.
read more... 19/01/2023
Germany is exploring a trilateral solidarity agreement with Italy and Switzerland to provide mutual support in the event of an extreme gas shortage, the economy ministry said on Tuesday.
read more... 19/01/2023