Eni moves closer to Egypt
05/09/2022
The energy crisis continues. Eni is approaching Egypt to develop gas production and increase imports.
The energy crisis continues. Eni is approaching Egypt to develop gas production and increase imports.
First Solar is investing $1.2 billion in the development of U.S.-made solar photovoltaic modules.
Romania adopts a decree extending its aid program. The country intends to support households and small businesses heavily impacted by soaring prices. However, this one is not unanimous. Energy utilities fear adverse effects.
More than six months after the Russian invasion of Ukraine, the war continues. Since then, the world is facing an energy crisis of great magnitude. Prices are soaring, security of supply is increasingly difficult to guarantee. As winter approaches, Europe is looking for alternatives and trying to break away from Russia. If the Russian-Ukrainian conflict and the energy crisis are in the headlines today, the underlying energy issue is not new. For you, energynews.pro has deciphered the Russian-Ukrainian conflict and the future of the European Union in the light of the energy issue.
Norway is increasing its gas exports to Europe and the UK. It delivered 9.5 billion m3 in August.
At a time when European hydropower production is experiencing difficulties, EuGOs are trading at €4/MWh.
Germany will decide on the extension of the country’s nuclear power plants. A decision is expected later this afternoon.
Emmanuel Macron will meet with German Chancellor Olaf Scholz. They will discuss the energy crisis.
Moscow announces the closure of Nord Stream 1. The Kremlin blames Western sanctions for the situation.
Faced with fears of a recession, OPEC+ decides to reduce its oil production. It returns to the August quotas.
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