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Daily (23.08.2021): Oil prices lost around 2% on Friday, on concerns over Covid-19 and demand for black gold
Crude oil prices decreased on Friday, weighed by a stronger US dollar and concerns over demand for black gold amid the spreading pandemic. Brent oil fell by 1.9% to $65.18 a barrel and WTI crude slumped by 2.4% to $62.14 a barrel.
read more... 23/08/2021
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Orano signs contracts for return of German waste
France's Orano said it has signed contracts with German utilities EnBW, PreussenElektra, RWE and Vattenfall for the return of all the German nuclear waste remaining at its La Hague reprocessing plant. The entry into force of the contracts - worth in total more than EUR1 billion (USD1.2 billion) - is subject to the formal agreement of the German and French governments.
read more... 23/08/2021
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Russia ready to continue gas transit via Ukraine post-2024
President Vladimir Putin said Aug. 20 that Russia was ready to continue supplying gas to Europe via Ukraine after 2024, but that Moscow needed clarity on future European gas demand before agreeing to any new transit deal.
read more... 23/08/2021
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National Grid starts planning 1.8 GW offshore wind interconnector with Norway
British transmission system operator National Grid is in the early stages of planning a new electricity cable connection to Norway, which would also connect North Sea wind farms in both countries.
read more... 23/08/2021
Daily (20.08.2021): The German and French spot power prices traded above 100 EUR/MWh due to forecasts for weaker wind generation
Concerns about demand due to the global spread of the Delta variant and a stronger dollar sent crude oil prices to their lowest levels since May. The Federal Reserve’s plans to pull back the pace of their monthly bond purchases strengthened the greenback, pressuring commodities markets on Thursday. As such, Brent oil tumbled by $1.78 or 2.6% to settle at $66.45 a barrel. The American WTI crude dropped by $1.77 or 2.7% to end at $63.69 a barrel.
read more... 20/08/2021