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Daily (04.09.2024): Oil prices plunged by around 5% on Tuesday due to concerns over global demand and strong supply
Oil prices plunged by around 5 % on Tuesday, driven by increased supply, including from Libya as disruptions ease, coupled with concerns over sluggish global demand growth. Brent crude closed at $73.75 per barrel, while WTI crude settled at $70.34 per barrel.
read more... 04/09/2024
EDF delays Flamanville reactor launch to end autumn
The state-owned company had previously targeted the grid connection by the end of the summer, with the EPR already being over a decade behind schedule with huge cost overruns.
read more... 04/09/2024
Eni, Snam launch Italy's first carbon capture project
Eni and Snam have launched Italy's first carbon capture, transport and storage (CCS) project to help heavy polluting industries cut carbon dioxide (CO2) emissions, they said on Tuesday.
read more... 04/09/2024
UK faces 28GW shortfall in offshore wind target
Experts warn that the latest Contracts for Difference (CfD) auction has left a 28GW shortfall in offshore wind projects, putting the UK’s 2030 targets at risk.
read more... 04/09/2024
Daily (03.09.2024): British gas prices lost ground on Monday amid due to strong LNG supply
Oil prices diverged Monday as the market grappled with mixed signals from China, reflecting a weak economic outlook, while concerns over worsening supply disruptions in Libya provided some upward pressure. Brent crude fell by nearly 2%, closing at $77.44 per barrel, while WTI crude rose by over 1%, settling at $74.36 per barrel.
read more... 03/09/2024