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Daily (15.02.2019): EU carbon prices slumped by around 6% to hit again a 2-month low on Thursday
Oil prices surged on Thursday, backed by OPEC-led supply cuts and expectations for a potential end to the U.S.-China trade talks. Brent oil extended a three-day winning streak, posting a 1.5% daily gain to settle at $64.57 a barrel. WTI crude rose less, by nearly 1% to $54.41 a barrel, as gains were limited by the lowest U.S. retail spending data since 2009 which raised worries over slower global economic growth.
read more... 15/02/2019
European consortium to buy 80% of Veja Mate offshore wind park
A consortium led by asset manager Commerz Real AG and IKEA franchisee Ingka Group will acquire an 80% stake in the 402-MW Veja Mate offshore wind park in the German North Sea.
read more... 14/02/2019
Germany set to build LNG terminals amid European gas battle
Germany will likely build 2 terminals to import LNG, Economy Minister Peter Altmaier said as Oilprice reported, in a move to appease the U.S. while Berlin also supports the Russia-led Nord Stream 2 gas pipeline, which has divided the EU member states in recent years.
read more... 14/02/2019
Daily (13.02.2019): EU carbon prices fell by over 7% to hit a new 2019 low
Oil prices reversed trend to hike on Tuesday, stimulated by the steep OPEC supply cuts, led by Saudi Arabia’s biggest drop in pumping activity. Brent oil traded 1.5% higher at $62.42 a barrel, while WTI crude increased by 1.3% to $53.10 a barrel.
read more... 13/02/2019
Europe agrees sales targets for ‘clean’ buses in cities
European Union lawmakers struck an agreement on Monday (11 February) on green public procurement rules for new buses, requiring local authorities purchase a minimum share of clean vehicles running on gas or electricity by 2025 and 2030
read more... 13/02/2019