Latest news
Denmark working on world’s first Power-to-X tender
The Danish Energy Agency (DEA) is working towards the first Power-to-X (PtX) tender in Denmark and will soon hold a stakeholder meeting to discuss tender timeline and framework. Furthermore, after forming a PtX task force, the DEA has now also established a secretariat for Power-to-X.
read more... 13/09/2022
Daily (16.08.2022): Brent crude dropped towards $95 a barrel on Monday amid concerns about global economic slowdown
Oil prices fell on Monday as poor Chinese economic data fuelled fears of a worldwide recession, which would reduce fuel consumption. Hence, Brent crude settled down $3.05, or 3.1%, to $95.10 a barrel. U.S. WTI crude dropped by $2.68, or 2.9%, to close at $89.41 a barrel.
read more... 16/08/2022
CATL to build $7.6B Hungary battery plant to supply Mercedes, BMW
China's CATL plans to build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.
read more... 15/08/2022
(Daily 13.07.2022): Crude oil fell on Tuesday to trade below $100 due to a strengthening dollar and COVID-19 restrictions in China
Crude oil fell on Tuesday to trade below $100 per barrel due to a strengthening dollar, COVID-19 restrictions in China, the world's largest petroleum importer, and growing concerns about a recession in the global economy. Thus, Brent crude ended 7.1% lower at $99.49 a barrel, while WTI fell by 7.9% to $95.84 per barrel.
read more... 13/07/2022
(Daily 06.07.2022): Oil prices saw their biggest daily drop since March on Tuesday
On Tuesday, oil prices saw their biggest daily drop since March, as lockdowns in China and mounting concerns about a world recession reduced demand. Brent crude fell by 9.5% to settle at $102.77 a barrel, while WTI crude dropped by 9.9% to $99.5 a barrel.
read more... 06/07/2022