Oil prices fell by 2% on Monday as market participants opted for caution amidst a downturn in the stock market, weighed down by declining valuations of companies linked to artificial intelligence. Brent crude closed at $77.08 per barrel. Meanwhile, WTI crude settled at $73.17 per barrel.
read more... 28/01/2025
A majority of German parties agreed on Monday to adopt fixes to the country's energy policy framework, including cuts to solar subsidies during negative price periods.
read more... 28/01/2025
Norwegian politicians are resisting attempts to implement critical EU energy laws, which would integrate the country more tightly into European power markets.
read more... 28/01/2025
The Inch Cape offshore wind farm, a joint venture between ESB and Red Rock Renewables, has reached financial close by securing more than £3.5bn ($4.3bn) in funding.
read more... 28/01/2025
A project to capture carbon emissions from a waste plant in Norway's capital restarted on Monday following a two-year hiatus to rein in development costs, its operator said.
read more... 27/01/2025