In Short : Vattenfall CEO emphasized the urgent need for enhanced power grid interconnections and increased electricity output across Europe. Strengthening cross-border transmission networks and boosting renewable energy generation are crucial to ensuring energy security and stability. The move aligns with Europe’s clean energy transition, addressing rising demand while reducing dependence on fossil fuels. In […]
OPEC+ set to agree 4.3 mln bpd in output cuts: JP Morgan
Despite US President Donald Trump’s calls for cuts of 10 million bpd or more, OPEC+ are expected to agree on a “soft cut” of around 4.3 million bpd versus the group’s output in April 2020, JP Morgan said LONDON: OPEC and Russia this week are likely to agree to cut oil output by about 4.3 […]
