Latest news
.jpg)
Germany to introduce bill to accelerate wind energy expansion
Germany's economy and climate ministry will present a package of measures to speed up the expansion of wind energy, documents reviewed by Reuters showed on Wednesday, as the country turns to renewables to cut its use of Russian fossil fuels.
read more... 08/06/2022
Daily (03.06.2022): Oil prices jumped on Thursday, as US crude inventories declined more than expected
Weaker US crude inventories and increased demand for fuel lent support to oil prices on Thursday. As a result, Brent crude rose by 1.1% to $117.61 a barrel.
read more... 03/06/2022
Germany looks to speed up green hydrogen development in Australia
Germany wants to speed up its green hydrogen work with Australia as the country's effort to ditch fossil fuels has become more urgent after Russia's invasion of Ukraine, Germany's research minister said on Friday.
read more... 30/05/2022
.jpg)
EU plans first joint gas buying before winter
The European Union plans to start jointly buying gas before winter, the bloc's energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil fuels and build a buffer against further energy supply shocks.
read more... 24/05/2022
Daily (24.05.2022): European carbon prices extended losses to 5-week low on Monday amid weak auctions, uncertainty over reform
Oil prices settled marginally higher on Monday as fears of a future recession competed with the prospect of stronger fuel demand due to the forthcoming summer driving season in the United States and Shanghai's preparations to reopen after a two-month coronavirus quarantine. Hence, Brent crude rose by 87 cents, or 0.7%, to $113.42 a barrel. U.S. WTI crude steadied at $110.29 per barrel.
read more... 24/05/2022