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Daily (10.01.2024): Crude oil prices rebounded by over 2% on Tuesday amid ongoing turmoil in the Middle East
Oil prices rebounded by 2% on Tuesday after a significant drop the previous day. The market's attention was focused on concerns over global crude supplies due to the shutdown of a major Libyan field and tensions in the Red Sea. Thus, Brent crude stood at $77.59, while WTI crude settled at $72.24 per barrel.
read more... 10/01/2024
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Dutch government to turn on 'pilot light' output at Groningen gas field
The Dutch government said on Monday it would turn on the "pilot light" - meaning minimal production - at two stations in the Groningen gas field due to impending cold temperatures in the Netherlands.
read more... 09/01/2024
Daily (04.01.2024): Oil prices surged by over 3% on Wednesday amid supply disruption concerns
On Wednesday, oil prices saw an increase of over 3%, driven by the shutdown of a significant oil field in Libya due to protests. This occurred against the backdrop of tensions in the Red Sea that raised concerns about potential supply disruptions. As a result, Brent crude settled at $78.25, while WTI crude closed at $72.70 per barrel.
read more... 04/01/2024
Pro-nuclear energy EU states ask for 'level playing field' with renewables
A group of pro-nuclear EU countries led by France will present a paper to the European Commission on Tuesday asking for a "level playing field" for nuclear energy in the bloc's fight against climate change, a draft of the paper seen by Reuters showed.
read more... 11/07/2023
Norway approves more than $18 billion in oil, gas investments
Norway's government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.
read more... 30/06/2023