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Hidroelectrica eyes hydrogen project with Verbund

The project hopes to produce 80,000 t/yr of green hydrogen from renewable generation sources and transport the hydrogen to offtakers in central and western Europe.

read more... 05/03/2021

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Ford CEO calls on US government to support EV batteries, charging

Ford Motor Co's Chief Executive on Wednesday called on the US government to support battery production and charging infrastructure development, as he outlined the automaker's plan to develop electric platforms for its top-selling trucks, vans and SUVs.

read more... 26/02/2021

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Daily (18.02.2021): Carbon EUAs dropped by 2% on Wednesday, tracking a weaker energy complex

Crude oil prices resumed their bullish trend on Wednesday, lifted by supply disruptions due to a historic cold spell in the United States. As such, Brent crude ended 1.6% higher at $64.34 a barrel and WTI oil rose by 1.8% to $61.14 a barrel.

read more... 18/02/2021

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Daily (10.02.2021): Oil prices at 13-month highs on Tuesday amid supportive factors on the supply and demand side

Crude oil futures continued their rally, to hit their highest levels in 13 months on Tuesday, driven by a series of encouraging factors on the supply and demand side. A weaker dollar provided further support to oil prices. Hence, Brent crude rose by 53 cents, or 0.9%, to settle at $61.09 a barrel. U.S. WTI crude added 39 cents, or 0.7%, to close at $58.36 per barrel. Both contracts had hit their highest since January 2020 after having risen for six straight sessions.

read more... 10/02/2021

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Daily (26.01.2021): British gas prices tumbled on Monday amid milder weather, weaker energy complex in Europe

Crude oil prices increased on Monday to hit their highest level in a week, with investors weighing the impact of supply curbs from Iraq and Libya on the near-term outlook against coronavirus lockdowns. Iraq is pledging to curb output in January and February after pumping more than its OPEC+ quota last year, while Libyan guards halted some crude exports after a pay dispute. Hence, Brent crude rose by 47 cents, or 0.9%, to settle at $55.88 a barrel. Meanwhile, U.S. WTI crude added 50 cents, or 1%, to end at $52.77 per barrel.

read more... 26/01/2021

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