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Engie wind farm to power new Umicore plant in Poland
French energy major Engie SA (EPA:ENGI) said today it will supply power from a nearby wind farm to Umicore’s (EBR:UMI) soon-to-be-commissioned industrial cathode materials production plant in Nysa, Poland.
read more... 09/07/2021
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Oil prices extend losses as OPEC uncertainty lingers
Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.
read more... 09/07/2021
Daily (09.07.2021): Oil prices moved upwards on Thursday amid bigger than expected drop in U.S. inventories, OPEC impasse
Crude oil prices rebounded on Thursday amid much bigger drop than expected in U.S. crude and gasoline inventories, but uncertainty about global supplies continued to limit upside following a dispute between OPEC heavyweights over production plans. Hence, Brent crude rose by 69 cents, or 0.9%, to settle at $74.12 a barrel. U.S. WTI crude added 74 cents, or 1%, to close at $72.94 a barrel on the NYMEX.
read more... 09/07/2021
Daily (08.07.2021): Carbon EUAs lost 2.6% on Wednesday, pressured by sell-off and free allowance allocations
Oil prices fell on Wednesday, amid continued concerns over failed negotiations on crude production by OPEC+ members. As such, Brent oil ended 1.5% lower at $73.43 a barrel, and WTI crude dropped by 1.6% to $72.20 a barrel.
read more... 08/07/2021
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Spain aims to install 1-3 GW of floating wind turbines by 2030
Spain plans to install floating wind turbines on the deep waters off its coasts with capacity to generate between 1 and 3 gigawatts of power by 2030, its Energy and Environment Ministry said on Wednesday.
read more... 08/07/2021