To move away from fossil fuels would benefit human health ‘enormously’, World Health Organisation (WHO) experts argued ahead of COP27, calling for ‘severe action’ from the governments.

Nishimura clarified that the necessary notification must be submitted within a month of the day a new operator is established.

The level of gas reserves in European underground storage facilities (UGS) has surpassed 95%.

Europe’s move away from gas towards heat pumps, which suffers from various bottlenecks, is subject to another scarcity that may impact production volumes: the global chip shortage.

Europe’s benchmark natural gas prices at the Dutch TTF hub were headed for a weekly gain early on Friday, supported by estimates of lower nuclear power output in France and forecasts of upcoming colder weather after a very warm start to the heating season.

A Chinese manufacturer, Aviation Lithium Battery Technology, wants the battery factory for electric vehicles in Sines to start operating by 2025, a company representative said on Thursday.

A proposal for proactive measures against the expected rise in petrol prices was unveiled by the Association of Automobile Industry in Finland, an organisation of the country’s car importers and car industry.

…With gas storage capacities full, “ LNG vessels have been queued up outside European LNG receiving terminals, chasing what they expected to be the premium market for this LNG ,” said Felix Booth, head of LNG …

Earlier, a price range in the mid-60s was mentioned as a possible target for the cap as it represented the range.

The United States on Thursday imposed sanctions on members of an international smuggling network accused of generating revenue for Lebanese militant group Hezbollah and the foreign arm of Iran’s Islamic Revolutionary Guard Corps.