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Daily (13.09.2021): European carbon prices slumped by nearly 3% on Friday, weighed by profit-taking and news on Nord Stream 2
Oil prices increased on Friday, on market optimism over improving Sino-US relations. At the same time, crude production in the Gulf of Mexico continues to suffer eleven days after the hurricane, lending additional support to prices. Hence, Brent oil gained 2.1% at $72.92 a barrel and WTI crude surged by 1.9% to $69.43 a barrel.
read more... 13/09/2021
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Britain announces biggest round of its renewable energy scheme
The British government will announce the biggest round of its renewable energy scheme on Monday, hoping to build up enough extra offshore wind capacity to power about eight million homes.
read more... 13/09/2021
HyDeploy reports success in UK hydrogen blending pilot
The HyDeploy consortium has said the first phase of its pilot project to blend hydrogen with natural gas was completed without any adverse affects on the system or customers' appliances.
read more... 13/09/2021
Russia, Belarus plan single energy market
Russia and Belarus appear to have made some progress towards integrating their economies, having agreed this week to establish a common energy market.
read more... 13/09/2021
Daily (10.09.2021): Gas markets extended record highs on Thursday, due to persisting supply concerns ahead of winter season
Oil prices fell on Thursday, following the announcement that China started using its internal strategic crude reserves in order to counteract the rising energy prices. Despite a drop in US crude and gasoline stocks, Brent oil lost 1.6% to end at $71.45 a barrel. WTI crude closed 1.7% lower at $68.14 a barrel.
read more... 10/09/2021