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Portugal increases support to help with rising energy bills
The Portuguese government will next year increase the amount of financial aid available to help families and companies cope with rising gas and electricity prices, it said on Wednesday.
read more... 15/12/2022
Daily (14.12.2022): British near-term gas prices rose on Tuesday due to supply concerns
Oil prices jumped on Tuesday amid supply concerns, including disruption in the US (North America) due to Keystone pipeline closure. Consequently, Brent crude rose by 3.4% to $80.68 a barrel and WTI oil ended 3% higher at $75.39 a barrel.
read more... 14/12/2022
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Energy ministers fail to agree on EU gas price cap, aim for deal on 19 December
EU energy ministers failed to reach agreement on Tuesday (13 December) on a new cap to limit excessive gas prices, further delaying other emergency measures to tackle the energy crisis, like speeding up the rollout of renewables and strengthening solidarity between EU countries.
read more... 14/12/2022
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EU could face gas shortage next year
The European Union has enough gas for the winter but could face a shortage next year if Russia cuts supplies further, the International Energy Agency (IEA) said on Monday, urging governments to act faster to save energy and expand renewables.
read more... 13/12/2022
EU at odds over gas price cap as 12 countries criticise latest proposal
A dozen countries including Belgium, Italy, Poland and Slovenia have made a push to "significantly" lower a planned European Union cap on gas prices, as the bloc struggles to strike a deal on the measure.
read more... 12/12/2022