Latest news
Daily (17.11.2021): Suspended NS2 certification sent British gas prices to fresh record highs on Tuesday
Oil prices ended mixed in a choppy trading on Tuesday, with Brent crude moving higher as Saudi Arabia fuelled supply concerns by saying it would not accelerate production increases. However, concerns about rising Covid-19 cases in Europe limited gains. Hence, Brent crude added 0.5% to settle at $82.43 a barrel. In contrast, WTI crude lost 0.2% to settle at $80.76 a barrel following signals from the Biden administration that it has been considering a release from its emergency crude reserves.
read more... 17/11/2021
.jpg)
German regulator puts brake on Nord Stream 2 in fresh blow to gas pipeline
Germany’s energy regulator has suspended the approval process for a major new pipeline bringing Russian gas into Europe, throwing up a new roadblock to the contentious project and driving up regional gas prices.
read more... 17/11/2021
.jpg)
Wind secures 2.2GW in Spanish auction
Onshore wind won a total of 2258MW in the Spanish government’s 3300MW technology-neutral renewable energy auction.
read more... 17/11/2021
EU backs seven decarbonization projects with Eur1 billion Innovation Fund
The EU is backing seven large-scale industrial decarbonization projects through its Innovation Fund, with over Eur1.1 billion ($1.3 billion) to support breakthrough technologies in energy-intensive industries, hydrogen, carbon capture, use and storage and renewables, the European Commission said in a statement Nov. 16.
read more... 17/11/2021
Daily (16.11.2021): British gas prices increased on Monday as Russia failed to book additional transit capacity through Ukraine
Crude oil prices struggled for direction on Monday amid uncertainty whether crude supplies will increase and demand will be constrained by the recent surge in energy costs and rising COVID-19 cases. Hence, Brent crude softened by 0.2% to settle at $82.05 a barrel. At the same time, U.S. WTI crude added 0.1% to and at $80.88 a barrel.
read more... 16/11/2021