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Spain, Netherlands back quick deal on EU power market reform
Spain and the Netherlands have backed a rapid deal on an upcoming revamp of Europe's electricity market, as countries seek to reduce power costs and help their industries compete in global markets.
read more... 28/02/2023
Daily (23.02.2023): Oil prices extended their losses on Wednesday, dragged down by fears of a slowdown in the global economy
On Wednesday, concerns about global growth escalated due to expectations of more aggressive interest rate increases by central banks, which have put further pressure on crude oil prices leading to a two-week low. As a result, Brent crude oil dropped by 3%, to settle at $80.60 per barrel.
read more... 23/02/2023
Daily (22.02.2023): EUAs expiring in Dec23 surpassed 100 €/tonne on Tuesday for the first time in the 18-year history of the European market
Oil prices fell on Tuesday, amid concerns about the global economy and prospects of another US interest rate hike. As a result, Brent crude oil declined by 1.3% day-on-day to settle at $83.05 a barrel.
read more... 22/02/2023
China is taking control of LNG amid boom in global demand
A rush by China to sign new long-term liquefied natural gas deals promises to give the nation even more control over the global market at a time when competition for cargoes is booming.
read more... 20/02/2023
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EDF snaps up one of world’s largest floating wind projects
EDF Renewables, a subsidiary of the French global energy player EDF, has announced the acquisition of an up to 10GW floating offshore project in Australia.
read more... 20/02/2023