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BBCNEWS World Business Report June 4, 2024 05:40:00

Could jeopardise financial stability in the eurozone. nathan piper is head of oil and gas research at investec. good morning. ifeel like i have been talking about this for weeks and weeks, these negotiations that have been going on and on. the negotiations that have been going on and on. negotiations that have been going on and on. the eu have been hard going on and on. the eu have been hard on going on and on. the eu have been hard on the going on and on. the eu have been hard on the rhetoric - going on and on. the eu have| been hard on the rhetoric side as it tries to introduce caps on oil and gas, given how reliant the eu is on the gas and imports from russia. as those imports have gone down, as russia has restricted supplies to europe for various reasons, liquefied natural gas supplies to replace those has been critical and so discretion is around the eu price caps are complicated. it makes europe a less favourable destination to secure those energy cargoes. so ....

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UK aims to double US gas imports under new deal

The prime minister says the plan will "bring down prices for British consumers" by securing supplies. ....

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Cold snap poses first test of Britain's efforts to prevent winter power cuts | Energy industry

A mild start to winter is about to come to shivering halt, putting extra strain on the country’s power supplies ....

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How your energy bills fuelled Norway's 'war profits'

Booming oil and gas industry raises awkward questions for proud eco-friendly nation ....

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BBCNEWS World Business Report June 4, 2024 05:40:00

And businesses. the proposal was to set a maximum price of 275 euros per megawatt hour across europe. it s currently trading at about 124 euros but did hit 300 over the summer. some argued setting it too low would put off suppliers and could actually lead to shortages. others said it was far too high to do any good, at least two called the whole plan a joke . the discussion was quite heated, and you all know that there are very divergent views on the level of cap proposed by the commission, but this was an opening debate which would serve as a starting point for the agreement we want to reach in december. so talks to continue next month. nathan piper is head of oil and gas research at investec in edinburgh. no agreement, hoping they might ....

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