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Daily (20.02.2023): Oil prices continued their bearish evolution on Friday, despite forecasts of rising Chinese demand
Oil prices continued their bearish trend on Friday, despite forecasts of rising Chinese demand, as oil producers are expected to maintain current volumes of crude exports and OPEC+ agreement will continue until the end of the year. Thus, Brent crude oil posted a 2.5% day-on-day loss to settle at $83.00 a barrel.
read more... 20/02/2023
Belgium introduces new energy measures amid ever-rising costs
The Belgian government reached an agreement Monday (6 February) on new energy measures, extending the temporary support measures to further protect citizens from high energy prices.
read more... 08/02/2023
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Libya's oil ministry rejects key NOC-Eni gas deal
Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, saying the agreement violates the law and was done without its approval.
read more... 31/01/2023
UK's Crown Estate to lease sites for six offshore wind projects
Britain's Crown Estate will lease sites for six offshore wind projects capable of generating enough green electricity to power more than seven million homes by 2030 under agreements announced on Thursday.
read more... 20/01/2023
Germany exploring trilateral gas solidarity deal with Italy, Switzerland
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