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Inflation ‘slows down’, but prices soar – The trends for August and September

By Tasos Dasopoulos Signs of stabilization, after 11 months of rapid rise, shows inflation for July with estimates wanting to move in the region of 12% for the second month after June, without of course the wave...

Lignite production is gaining ground

By Haris Fludopoulos The share of lignite in the electricity generation mix is ​​moving upwards, according to the official data of the system operator ADMIE for June and the first half of the year. In particular,...

Nicosia: Does not confirm a natural gas deposit in block ‘6’

Nicosia does not confirm the information that the Italian-French joint venture of Eni/Total has identified a new deposit in block "6" of the Cypriot EEZ. In its announcement, the Ministry of Energy notes that the drilling in...

EU: The regulation to reduce natural gas consumption by 15% was finally approved

The EU Council announced today that it has approved the regulation to voluntarily reduce gas demand by 15% this winter in order to increase the security of the EU's energy supply. "The regulation foresees the possibility for...

EU: Russia ‘excuses’ Gazprom’s arguments on Nord Stream 1 turbine

"Excuses" and "mistakes" characterized Gazprom's arguments regarding the impossibility of delivering natural gas through NordStream1, the representative of the European Commission, Eric Mamer. Asked about this during today's press briefing in Brussels, Eric Mamer emphasized that no...

Natural gas prices in Europe are headed for a third week of growth

European gas prices are on course for a third weekly gain as continued worries about Russian supply raise the risk of shortages, Bloomberg reports. Dutch natural gas futures, the European benchmark, are 5.9% higher this week, adding...