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Daily (23.11.2023): Oil prices fell on Wednesday following the postponement of the OPEC plus alliance meeting
Oil prices fell on Wednesday, after having initially stalled following the postponement of the OPEC+ alliance meeting from Sunday to Thursday November 30, with analysts believing that the postponement was linked to divergence within the alliance. Consequently, Brent crude settled at $81.96 per barrel, while WTI crude ended at $77.10 per barrel, down 1% day-on-day.
read more... 23/11/2023
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European Commission to create SMR Industrial Alliance
In response to calls from the nuclear industry, research community and nuclear safety regulators, the European Commission will establish an Industrial Alliance dedicated to small modular reactors (SMRs) in early 2024, European Commissioner for Energy Kadri Simson has announced.
read more... 08/11/2023
TotalEnergies and Galp forge alliance on offshore wind in Portugal
European energy companies TotalEnergies and Galp have partnered to explore potential offshore wind opportunities in Portugal.
read more... 22/06/2023
Orsted, ESB forge 5GW Irish offshore alliance
Irish utility ESB and Orsted have signed an agreement to jointly develop an Irish offshore wind portfolio in a landmark deal.
read more... 05/06/2023
Daily (31.05.2023): Oil prices plunged by about 5% on Tuesday, amid high Russian exports and slowing Chinese demand
Oil prices plunged by about 5% on Tuesday, amid high Russian exports and slowing Chinese demand with the prospect of a standstill at Sunday's OPEC+ alliance meeting. Hence, Brent crude settled at $69.46 a barrel. Meanwhile, WTI crude traded at $73.54 a barrel.
read more... 31/05/2023