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Daily (26.10.2020): Carbon prices increased by over 5% on Friday, supported by short-covering and a bullish energy market
The prices for crude oil decreased on Friday, following Libya's decision to boost its oil output. The price for Brent oil dropped by 1.6% to close at $41.77 a barrel, while WTI crude slumped by 1.9% to trade at $39.85 a barrel.
read more... 26/10/2020
Greencoat Renewables boosts its portfolio with Irish wind farm
Together with the acquisition of the 11.5MW An Cnoc wind farm, the firm announced the closing of a new €200 million term loan
read more... 26/10/2020
Edison, Enagás partner up on small-scale LNG
Italian energy player Edison and its Spanish counterpart Enagás have teamed up on small-scale LNG cooperation.
read more... 26/10/2020
Japan set to target zero emissions by 2050 in policy shift
The new target will be announced by Suga when he makes his first address to parliament on Monday, after taking office last month, the Nikkei reported last week
read more... 26/10/2020
Daily (23.10.2020): British front-month gas prices hit fresh 2020 highs on Thursday amid unplanned Norwegian outages
Crude oil futures climbed on Thursday amid hopes for a new coronavirus aid package and a drop in U.S. weekly jobless claims. Prices also found support after Russian President Vladimir Putin said that he would be ready to extend oil output cuts in the face of the Covid-19 pandemic. Hence, Brent crude for December delivery soared by 73 cents, or 1.8%, to settle at $42.46 a barrel. Meanwhile, WTI crude gained 61 cents, or 1.5%, to end at $40.64 a barrel.
read more... 23/10/2020