Latest news
Daily (21.08.2023): Oil prices rose on Friday but lost ground for the week amid concerns over Chinese demand
Oil prices closed slightly higher on Friday but ended the week lower, with the market concerned about demand from China. The rise was mainly attributed to an expected drop in US crude oil inventories. Consequently, Brent crude increased by 0.8% to close at $84.80 a barrel, while WTI crude rose by over 1% to settle at $81.25 a barrel.
read more... 21/08/2023
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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UK’s Ofgem approves grid amnesty for 8GW of projects
The Office of Gas and Electricity Markets (Ofgem), the energy regulatory authority in the UK, and the UK’s electricity transmission operator National Grid ESO have agreed to connect backlog projects to the grid.
read more... 17/08/2023
€5bn Czech scheme to support energy producers given EU greenlight
Under the measure, subsidised loans will be provided to large energy producers to meet the collateral requests in the energy trading markets
read more... 11/08/2023
Unleashing Romania's Offshore Wind Potential
The Ministry of Energy has submitted for public debate a new legislative proposal for offshore wind energy in Romania. This law is eagerly awaited by the market, especially considering the lack of success in promulgating the two previous legislative drafts on the same topic
read more... 02/08/2023