Oil prices climbed back above $100 a barrel on Thursday as risks of a Russian supply shortfall are increasing amid doubts that a resolution between Russia and Ukraine will be reached in the near term. Hence, Brent crude soared by 8.8%, to settle at $106.64 a barrel, its largest percentage gain since mid-2020. U.S. WTI crude increased by 8.4%, to close at $102.98 a barrel.
read more... 18/03/2022
Australia and Germany have announced funding of around $90mn for hydrogen projects under their joint venture first unveiled in September 2020.
read more... 09/03/2022
Finnish radioactive waste management company Posiva Oy has submitted its application for an operating licence for the used fuel encapsulation plant and final disposal facility currently under construction at Olkiluoto. The repository - the first in the world for used fuel - is expected to begin operations in the mid-2020s.
read more... 06/01/2022
Batteries made with zero-emission lithium from geothermal plants in Germany could power one million vehicles per year by the mid-2020s, according to Vulcan Energy, a company setting out to produce climate neutral lithium in Europe.
read more... 02/12/2021
Oil prices held steady on Thursday amid thin liquidity conditions due to US market closures for Thanksgiving. Reports that the U.S. continues to exert pressure on Russia to increase output had little effect on crude oil markets yesterday. Hence, Brent crude ended flat at $82.22 a barrel. U.S. WTI crude slipped by 0.4% to $78.10 a barrel.
read more... 26/11/2021