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Daily (11.03.2021): NBP price for front-month delivery gained 5% on Wednesday due to cold weather forecasts
Crude oil prices edged higher on Wednesday, as the EIA’s weekly report showed continued disruptions in US oil production following February’s cold wave. Hence, Brent crude rose by 0.6% to $67.90 a barrel and WTI oil was 0.7% up at $64.44 a barrel.
read more... 11/03/2021
‘World’s first’ hydrogen-powered ferry making a splash in Norway
New plans for what is claimed to be the world’s first hydrogen-powered ferry have been unveiled today.
read more... 11/03/2021
UK government to invest $132 million in new offshore wind facilities
Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000 jobs in the north of England, the government said on Wednesday.
read more... 11/03/2021
Nigeria’s Lawsuits Against Shell Could Cause Oil Major Exodus
Judging from recent headlines, Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production.
read more... 11/03/2021
Daily (10.03.2021): Carbon prices hit new highs above 40EUR amid bullish equities and energy markets
Oil crude futures retreated on Tuesday, influenced by expectations of a rise in US crude inventories. Furthermore, stronger dollar coupled with a possible increase in Libya oil production also pressured the prices. Hence, Brent crude fell by 1.1%, or $0.72 to settle at $67.52 a barrel. At the same time, US WTI crude lost 1.6% or $1.04, to end at $64.01 a barrel.
read more... 10/03/2021