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Germany, Greece hopeful of an EU agreement to curb gas price spikes
German Chancellor Olaf Scholz said on Thursday he believed EU states could find a solution to contain speculative spikes in gas prices, while Greece urged EU energy ministers to reach agreement on the issue when they meet next month.
read more... 28/10/2022
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Gas price cap ready ‘this winter’ if countries agree
The European Union could introduce a gas price cap this winter to limit excessive price spikes, but only if countries give Brussels a mandate to propose the measure, the bloc’s energy chief said on Wednesday (26 October).
read more... 27/10/2022
Italy commissioner approves contested gas terminal
A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.
read more... 27/10/2022
Daily (26.10.2022): British gas prices declined on Tuesday due to full storage rate, robust supply and low demand
On Tuesday, oil prices increased slightly due to a weaker dollar and supply issues raised by Saudi Arabia's energy minister. Thus, Brent crude settled 0.3% higher at $93.52 a barrel. At the same time, WTI crude ended 0.9% higher at $85.32.
read more... 26/10/2022
Brussels cautions against EU-wide gas price cap for electricity
European Union countries’ energy ministers meet on Tuesday (25 October) to discuss options to cap EU gas prices, with countries still split over whether and how to do this after discussing it for weeks.
read more... 26/10/2022