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Daily (25.05.2018): European carbon prices jumped by 1.8% to new seven-year highs on Thursday

Oil prices declined to largest one-day drop in two weeks on Thursday, on expectations that OPEC could gradually end an output deal due to concerns related to supplies from Venezuela and Iran. Brent crude lost $1.01, or 1.3%, to end at $78.79 a barrel. WTI futures dropped by $1.13, or 1.6%, to close at $70.71 a barrel.

read more... 25/05/2018

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France's Total takes stake in Russia's Arctic gas project

French energy major Total will buy a 10 percent stake in a Russian Arctic gas project under a deal struck during Emmanuel Macron’s visit to Russia, and showing the Kremlin’s ability to find foreign partners despite Western sanctions.

read more... 25/05/2018

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World Bank announces $300m energy efficiency funding for India

The World Bank has announced it has approved $300 million (£225m) of funding to help scale up India’s national energy efficiency programme.

read more... 25/05/2018

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Kazakhstan starts nuclear fuel deliveries to Brazil

Kazakhstan's National Atomic Company, Kazatomprom delivered its first natural uranium concentrates after it won the bid for supplies to Brazil's state enterprise Industrias Nucleares do Brazil (INB), Kazatomprom announced on Wednesday.

read more... 25/05/2018

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Daily (24.05.2018): German day-ahead power price dropped by 8% on Wednesday on lower consumption and stronger wind output

Oil prices were mixed on Wednesday. Brent futures soared following a report that OPEC might scale back its agreement to curb oil production at its June meeting, adding $0.23, or 0.3%, to close at $79.80 a barrel. WTI futures lost $0.36, or 0.5%, due to an unexpected hike in U.S. crude stockpiles, to settle at $71.84 a barrel.

read more... 24/05/2018

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