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Daily (05.06.2023): Oil prices rose sharply on Friday amid strong US employment figures
Oil prices rose sharply on Friday amid strong US employment figures. Moreover, debt impasse has been finally overcome. Ahead of OPEC+ meeting, Brent crude rose by 2.5 % to settle at $76.13 a barrel. Meanwhile, WTI crude traded at $71.74 a barrel, up by 2.3% day-on-day.
read more... 05/06/2023
Energy sufficiency, a French political concept still misunderstood in Europe
France has made energy sufficiency – the deliberate reduction of energy consumption – one of the three pillars of its decarbonisation strategy, alongside nuclear and renewables. However, Brussels and other European capitals have yet to fully embrace the approach.
read more... 05/06/2023
Orsted, ESB forge 5GW Irish offshore alliance
Irish utility ESB and Orsted have signed an agreement to jointly develop an Irish offshore wind portfolio in a landmark deal.
read more... 05/06/2023
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Dutch regulator approves multi-functional storage facility
The Authority for Nuclear Safety and Radiation Protection (ANVS) has granted the final permit to the Central Organisation for Radioactive Waste (Covra) for the construction of a new multi-functional storage building for low and intermediate-level waste at its site in Nieuwdorp, in the municipality of Borssele, the Netherlands.
read more... 05/06/2023
Daily (02.06.2023): Oil prices strongly rebounded on Thursday, after a key vote in favour of resolving the US debt ceiling impasse
Oil prices strongly rebounded on Thursday, following a key vote in favour of resolving the US debt ceiling impasse. Despite a rise in US oil inventories, Brent crude rose by 2.2 % to settle at $74.28 a barrel. Meanwhile, WTI crude traded at $70.10 a barrel, up by 3% day-on-day.
read more... 02/06/2023