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Solar tracker maker Nextracker confidentially files for IPO

Nextracker Inc, the US-based manufacturer of solar photovoltaic (PV) trackers, is taking the necessary steps to launch an initial public offering (IPO).

read more... 29/04/2021

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Daily (20.04.2021): Supply concerns due to high Asian LNG prices and bullish oil lifted British gas prices on Monday

Crude oil markets moved sideways on Monday, but a weaker U.S. Dollar offered some bullish support. However, the gains were capped by the resurgence of the pandemic in India and negotiations likely to lead to a relaxation of economic sanctions against Iran. Hence, Brent crude rose by 0.4% to settle at $67.05 a barrel. U.S. WTI crude closed at $63.38 a barrel, posting equally a 0.4% gain.

read more... 20/04/2021

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Daily (09.04.2021): NBP spot rebounded on Thursday amid cold weather and weaker supply

Crude oil prices closed on a mixed note on Thursday, as demand concerns driven by the rise in COVID-19 cases around the world and bigger-than-expected weekly increase in U.S. gasoline stocks pressured the market. Hence, Brent crude settled at $63.20 a barrel, while WTI crude lost 0.3% to end at $59.60 a barrel.

read more... 09/04/2021

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Brussels rules out double carbon compensation for EU steelmakers

“Several options are being considered” for the EU’s carbon border adjustment mechanism (CBAM), which will impose a carbon price on imported goods coming into the European Union, said Mette Koefoed Quinn, a senior official at the Commission’s climate directorate.

read more... 26/03/2021

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Daily (12.03.2021): European power spot prices at their lowest level since December, driven by strong wind generation

Oil prices soared on Thursday, fuelled by upbeat forecasts for global economic growth published earlier in the week. Furthermore, a weaker dollar and a fall in U.S. gasoline inventories also lent support to the market. Brent crude gained 2.6 %, or $1.73 to settle at $69.63 a barrel. At the same time, the American WTI crude, rose by 2.5%, or $1.58 to end at $66.02 a barrel.

read more... 12/03/2021

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