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Daily (20.12.2022): European gas and power prices fell on Monday as cold weather eases
Crude oil prices increased on Monday amid renewed optimism of China easing Covid restrictions. The news that the U.S. will start to buy crude to fill their Strategic Petroleum Reserve has lent further support to oil markets. Hence, Brent crude gained about 1% to settle at $79.80 a barrel. Meanwhile, U.S. WTI crude rose by 1.2% cents to end at $75.19 a barrel.
read more... 20/12/2022
German pipeline firms say they will 'make hydrogen happen' in 2025
Germany's Gascade, Ontras and terranets have agreed to convert high-pressure gas pipelines to transport low-carbon hydrogen from the Baltic Sea all the way the south of the country by 2025, the companies said on Thursday.
read more... 19/12/2022
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Britain approves first new coal mine in decades despite climate targets
Britain approved its first new deep coal mine in decades on Wednesday to produce the high-polluting fuel for use in steelmaking, a decision which drew criticism from opponents who say it will hinder climate targets.
read more... 08/12/2022
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WindEurope calls for EU electricity markets reform
WindEurope and the chemical industry representative body Cefic have written to the European Commission calling for electricity markets to support investments in renewables
read more... 08/12/2022
Oil prices could fall without further OPEC cut
LONDON, Dec 1 - OPEC+ is widely expected to stick to its latest target of reducing oil production by 2 million barrels per day (bpd) when it meets on Sunday, but some analysts believe that crude prices could fall if the group does not make further cuts.
read more... 02/12/2022