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EU carbon border tax will do little to cut emissions

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday.

read more... 26/02/2024

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Bulgaria and France sign nuclear agreement

The two countries will collaborate across all areas in the field of nuclear energy as Bulgaria seeks to accelerate construction of the new units at the Kozloduy nuclear power plant.

read more... 26/02/2024

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First LNG vessel arrives at new German Mukran terminal

The first vessel carrying liquefied natural gas (LNG) for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.

read more... 26/02/2024

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Daily (23.02.2024): French Cal25 power contract plunged to its lowest level since Nov 2021 amid persistent bearish fundamentals

Oil prices extended gains on Thursday, with the ongoing bullish sentiment attributed to geopolitical risks in the Middle East, while a marginal rise in crude inventories failed to dampen the market. As a result, both contracts rose by about 1%, with Brent crude standing at $83.67 a barrel, and WTI crude settling at $78.61 a barrel.

read more... 23/02/2024

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Companies bid for 34 bcm of gas in new joint EU tender

19 companies have filed bids for nearly 34 billion cubic meters of natural gas in a new joint purchasing tender for multi-year deals, European Commission vice president Maroš Šefčovič said on Thursday (22 February).

read more... 23/02/2024

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