Historic oil, gas price spike amid attacks on Gulf production sites
European gas prices skyrocketed more than 30% and Brent oil rallied almost to a four-year high as production facilities in the Gulf are increasingly targeted
EPBiH’s 2025 loss comes in lower than in previous year
The 2024 loss for EPBiH, controlled by the Government of the Federation of BiH, amounted to BAM 60.95 million (EUR 31.1 million)
Oil seen at USD 190 per barrel by May if Hormuz isn’t reopened – analysis
As much as USD 3.5 trillion of global GDP is at risk in case of a prolonged Hormuz closure, which would also imply an oil price spike, SolAbility found
Toplane Sarajevo launches tender for geothermal water exploration
Toplane Sarajevo has issued a public call for the selection of a company to conduct geothermal water exploration
US temporarily lifts sanctions on Russian oil purchases
The United States has authorized the purchase of Russian oil and petroleum products already at sea until April 11
EnEarth gets permit for carbon storage at offshore oil field in Greece
Integrated energy services firm Kent won a contract for front-end engineering design for the Prinos CO2 project in Greece for carbon storage.
Von der Leyen: EU considering natural gas price cap to curb electricity prices
These measures have gained renewed urgency as natural gas prices have skyrocketed due to the conflict between US and Israel on one side and Iran on the other
There is no power price crisis in Europe – analysis
Intervening in wholesale electricity markets would increase costs for consumers, while undermining investor confidence, according to a paper that Eurelectric commissioned
