Latest news

Commission's €1 trillion bet on green deal financing

The European Commission unveiled on Tuesday (14 January) its one trillion euro investment plan to put Europe on track to reach the 2050 emissions-neutrality goal, while also helping coal-producing regions to move away from fossil fuels.

read more... 15/01/2020


Azerbaijan inks 440MW clean power double

Azerbaijan has agreed separate deals with ACWA Power and Masdar to develop renewable energy projects totalling 440MW in the country.

read more... 13/01/2020


Daily (03.01.2020): German spot power dips 33% on Thursday as wind output is set to double

Crude oil prices posted modest gains on Thursday on escalating tensions in the Middle East and signs that the initial trade deal with China at the White House will be inked this month. Nevertheless, a stronger U.S. dollar limited the gains.

read more... 03/01/2020


Daily (31.12.2019): New Year’s Eve saw a strong bearish evolution in forward energy prices

Crude oil evolved differently on Monday, but held near three-month high on Monday, spurred by declining U.S. crude inventories and hopes for an expected China-U.S. deal. However, intensified geopolitical risk following U.S. air strikes in Iraq and Syria gave the commodity a boost.

read more... 31/12/2019


Daily (30.12.2019): Oil posted the fourth weekly gain on Friday due to a decline in crude stocks, revived optimism after the US-China deal

Oil posted the longest streak of weakly gains since April, as government report unveiled U.S. crude inventories fell to the lowest level in two months. Moreover, an equity market rally and revived optimism of economic growth following U.S.-China deal, has lent more support to crude oil prices for the fourth consecutive week.

read more... 30/12/2019