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Germany wants EU to work with countries on new gas fields
Germany has called for European Union states to work with countries that can develop new gas fields, prompting concern from campaigners over the climate change commitments of Europe's biggest economy as it scrambles to replace Russian gas.
read more... 24/10/2022
Daily (21.10.2022): European power prices rose on Thursday tracking higher gas prices
Oil prices slipped on Thursday, as demand outlook is deteriorating. Consequently, Brent crude ended at $92.38 a barrel, and WTI oil fell by 1.2% to $84.51 a barrel.
read more... 21/10/2022
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France, Spain and Portugal agree to build Barcelona-Marseille gas pipeline
Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, substituting plans to extend the so-called MidCat pipeline across the Pyrenees that France opposed.
read more... 21/10/2022
Iberian gas prices for utilities fall below cap for first time
Iberian wholesale market gas prices fell below a threshold set for gas-fired power plants in May for the first time on Wednesday after Spain's national grid operator warned it may reject LNG shipments due to overcapacity.
read more... 20/10/2022
Netherlands follows Spain in quitting Energy Charter Treaty
The Netherlands will pull out of the Energy Charter Treaty (ECT), which has come under fire for protecting investments in the oil and gas sector, the country’s energy ministry said on Wednesday (19 October).
read more... 20/10/2022