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EU surpasses 90% gas storage target ahead of winter

The European Union (EU) has surpassed its gas storage target, achieving a 90.12% capacity well ahead of the scheduled deadline of 1st November.

read more... 21/08/2023

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Daily (18.08.2023): European carbon prices reached a three-week high amid speculative trading, reduced supply in August and positive technical indicators

On Thursday, oil prices experienced a recovery following three consecutive days of losses. The strength of the US economy and demand, along with tensions in the market, counteracted worries about the economic well-being of China. Thus, Brent crude increased by 0.8% to close at $84.12 a barrel, while WTI crude rose by 1.3% to settle at $80.39 a barrel.

read more... 18/08/2023

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Daily (16.08.2023): Oil prices extended losses on Tuesday amid various disappointing economic data surrounding Chinese economic outlook

Oil prices extended losses on Tuesday amid various disappointing economic data surrounding Chinese economic outlook. Worries about the stability of the U.S. financial system also contributed to the decline. As a result, Brent crude dropped by 1.5% to $84.89 a barrel, while WTI crude fell by 1.8% to settle at $80.99 a barrel.

read more... 16/08/2023

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SSEN selects preferred bidders for £10bn power network upgrade

SSEN Transmission has chosen preferred bidders to deliver critical elements for its £10bn ($12.6bn) Pathway to 2030 network investment plans.

read more... 09/08/2023

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G20 nations fail to agree on emission reduction targets at talks

The Group of 20 (G20) major nations failed on Friday to agree on concrete targets to cut dangerous emissions, releasing only a statement that dismissed current measures to address climate change as "insufficient".

read more... 01/08/2023

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