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Daily (20.01.2025) : European carbon prices hit a six-month high driven by speculative buying
Oil prices moved downwards on Friday, extending their decline from the previous day, weighed down by uncertainties surrounding Donald Trump's upcoming policies. Brent crude fell by 0.6%, settling at $80.79 per barrel. At the same time,WTI crude decreased by 1% to end at $77.88 per barrel.
read more... 20/01/2025
Portugal keen to create offshore wind cluster, could reach 10 gigawatts
Portugal's government said on Friday it was keen to create a cluster of wind farms off its Atlantic Ocean coast that could eventually reach a total capacity of around 10 gigawatts (GW).
read more... 20/01/2025
UK signs GBP50 mil investment deal with JATCO, Nissan to build powertrain plant in Sunderland
The UK government has signed a GBP50 million ($61 million) investment deal with Japan Automatic Transmission Company and automaker Nissan to build a 3-in-1 electric vehicle powertrain manufacturing site in Sunderland, the government announced in a Jan. 16 statement.
read more... 20/01/2025
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Italy’s Natural Gas Demand Slumps to 15-Year Low
Consumption of natural gas in the EU’s third-largest economy, Italy, dropped by 2.5% in 2024 to its lowest level in more than 15 years, power market manager GME said on Friday.
read more... 20/01/2025
Daily (17.01.2025) : Oil prices fell on Thursday amid profit-taking after sanctions-driven rally
Oil prices moved downwards on Thursday as profit-taking followed a recent rally driven by U.S. sanctions on Russia. Brent crude dropped less by 1% to $81.29 per barrel, while WTI crude decreased by 1.7% to end at $78.68 per barrel.
read more... 17/01/2025