Now playing Next Green News EU Policy. New joint gas tender sees threefold oversubscription EU mechanism to match buyers and suppliers introduced to counter crisis sees heavy supply side interest. 28/02/2024
Now playing Next Markets European gas prices plummet: Is the energy crisis finally over? The Dutch TTF benchmark for European gas prices has seen a significant drop in February 2024, falling below €25/megawatt-hour (MWh), reaching levels last seen during the summer and marking a steep decline of over 50% compared to the same period a year ago. 20/02/2024
Now playing Next Green News UK farmers hit by £1.45bn bill since Russia’s invasion of Ukraine The price farmers are paying to grow their crops and feed their animals has been one of the many reasons for recent protests. 19/02/2024
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Now playing Next Europe News Euroviews. The EU has to seek answers that go beyond short-term energy subsidies Brussels wants to extend regulations that permit EU member states to subsidise energy prices. While the sentiment behind this is to be lauded, the reality is that interventionism will ultimately distort the natural behaviour of the EU market and undermine its very future, Szymon Kardaś writes. 20/12/2023
Now playing Next Europe News EU extends price cap on gas until January 2025 Energy ministers of the European Union decided on Tuesday to extend the cap on gas prices until January 2025. 19/12/2023
Now playing Next Green News 28 petrostates risk losing half their fossil fuel income by 2040 Energy transition brings ‘very real risk’ of conflict in petrostates, a new report warns. What can be done about it? 01/12/2023
Now playing Next Green News UAE accused of using COP28 talks to strike fossil fuel deals Critics say allegations that the UAE planned to use COP28 to strike fossil fuel deals are "utterly appalling". 28/11/2023
Now playing Next Markets Euroviews. Europe energy crisis: Have natural gas prices peaked? Europe's energy crisis continues to impact consumers as the volatile oil and gas markets remain under pressure from current conflicts and a weak global economy, Osama Rizvi writes. 16/11/2023
Now playing Next Markets How is the weather affecting natural gas prices in Europe? Natural gas prices in Europe rose 15% in October and touched an eight month high last week as the cooler weather, in addition to other fundamentals, supported the commodity. 03/11/2023
Now playing Next world news Austria considers new contract for Russian gas It is uncertain whether Austria will be able to use the Ukrainian pipeline on its own from 2025. The European Union has repeatedly criticised the Alpine republic for depending on energy supply from Moscow. 03/11/2023
Now playing Next Economy Eurozone inflation falls further than expected to 2.9% in October Inflation in the eurozone fell more sharply than expected to 2.9% in October, according to the EU's statistics office. 31/10/2023
Now playing Next Business Energy crisis: Who has the priciest electricity and gas in Europe? The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023. 31/10/2023
Now playing Next Markets European gas prices soar after Egypt reports zero imports European gas prices rose almost 7% on Monday morning, following news about supply risks. 30/10/2023
Now playing Next Europe Decoded Romania is controversially pouring billions in an offshore gas project Romania has embarked on a €4 billion project it hopes will make it the largest natural gas producer in the European Union but these investments risk hampering its and the bloc's goal of carbon neutrality. 06/10/2023
Now playing Next Netherlands Groningen gas field: A dangerous place to live More than 3,000 homes have had to be demolished due to earthquake damage and from 2015, gas production has been scaled down. 02/10/2023
Now playing Next Europe News How Europe's gas prices fell from €300 to €35 MWh in one year One year ago, European politicians were in a state of panic watching wholesale gas prices break all-time records. 28/08/2023
Now playing Next Business Britain's Rishi Sunak announces major oil and gas expansion plans Flying in the face of environmental concerns, British is giving the green light to drill hundreds of new oil and gas wells in the North Sea, with PM Rishi Sunak claiming it will help to make the UK more self-sufficient in energy. 31/07/2023
Now playing Next Europe News EU should expand joint gas purchases to other commodities - Commission The European Union should build on the success of its new joint gas purchase platform and extend it to other commodities including hydrogen and critical raw materials to ensure steady supplies and affordable prices, Maroš Šefčovič argued on Thursday. 13/07/2023
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