energy market

Image for Fortum says rising costs of Nordic power trading are “worrying”
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Fortum says rising costs of Nordic power trading are “worrying”

By Anne Kauranen HELSINKI (Reuters) – Finnish utility Fortum on Thursday said low liquidity and high...

25th August, 2022

Image for New UK PM must be radical to stop power bill catastrophe – think tank
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New UK PM must be radical to stop power bill catastrophe – think tank

By Humza Jilani LONDON(Reuters) -Britain’s next prime minister must adopt radical ideas – such as di...

25th August, 2022

Image for Shell Energy to pay for overcharging price cap customers -Ofgem
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Shell Energy to pay for overcharging price cap customers -Ofgem

(Reuters) -Shell Plc’s UK retail energy business has to pay 536,970 pounds ($635,181) for overchargi...

25th August, 2022

Image for Germany prioritizes energy transport on railways amid shallow Rhine
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Germany prioritizes energy transport on railways amid shallow Rhine

FRANKFURT (Reuters) – Germany on Wednesday prioritized the transportation of materials and equipment...

24th August, 2022

Image for UK gas producers boost domestic output by 26% in first half of 2022
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UK gas producers boost domestic output by 26% in first half of 2022

By Sachin Ravikumar LONDON (Reuters) – Gas production in the United Kingdom rose 26% in the first ha...

24th August, 2022

Image for Exclusive-Norway eyes high gas output until 2030, says energy minister
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Exclusive-Norway eyes high gas output until 2030, says energy minister

By Nora Buli and Nerijus Adomaitis OSLO (Reuters) – Norway plans to maintain its current high gas pr...

23rd August, 2022

Image for German gas import costs surge 153% in first half as imports drop 24%
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German gas import costs surge 153% in first half as imports drop 24%

FRANKFURT (Reuters) – German natural gas import costs rose by 153% in the first six months of 2022 f...

19th August, 2022

Image for German gas storage levy adds to energy consumers’ woes
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German gas storage levy adds to energy consumers’ woes

By Vera Eckert BERLIN (Reuters) -A charge to fund gas imports into Germany to boost national stocks...

18th August, 2022

Image for Britain to receive rare LNG cargo from Australia, Oman
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Britain to receive rare LNG cargo from Australia, Oman

By Marwa Rashad LONDON (Reuters) -Britain is set to receive a rare shipment of liquefied natural gas...

18th August, 2022

Image for Germany to lower sales tax on gas to 7% in bid to relieve consumers
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Germany to lower sales tax on gas to 7% in bid to relieve consumers

BERLIN (Reuters) – Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of...

18th August, 2022

Image for Swedish PM pledges billions to offset soaring energy bills as election nears
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Swedish PM pledges billions to offset soaring energy bills as election nears

STOCKHOLM (Reuters) – Sweden’s government said on Wednesday it would hand around 60 billion crowns (...

17th August, 2022

Image for Oil slips to six-month low as recession fears weigh
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Oil slips to six-month low as recession fears weigh

By Alex Lawler LONDON (Reuters) -Oil hit a six-month low on Wednesday after a brief rally as concern...

17th August, 2022