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Brussels clears French ‘green’ state aid worth over €8 billion in just one month

According to EU figures released this week, the European Commission has approved more than €8 billion in French state aid to decarbonise industry and develop renewable energies in just one month.

read more... 12/01/2024

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Daily (11.01.2024): European carbon prices declined by around 3% on Wednesday amid bearish sentiment and notable increase in short positions

Oil prices fell by 1% on Wednesday due to a surprising rise in US crude inventories, causing concerns about the supply-demand balance. According to the report, US commercial crude inventories increased by 1.3 million barrels in the week ending January 5. As a result, Brent crude settled at $76.80, while WTI crude closed at $71.37 per barrel.

read more... 11/01/2024

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Portugal, Spain and France agree to boost energy links

Portugal, Spain and France will strengthen energy links, according to a memorandum of understanding that sets new priorities for the High-Level Group, signed with the EU Commission in Brussels Tuesday.

read more... 21/12/2023

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France and Sweden strengthen nuclear ties

France plans to build several nuclear reactors in Sweden, according to an agreement signed on the sidelines of the EU’s Energy Council meeting in Brussels on Tuesday.

read more... 21/12/2023

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Global coal demand to decline by 2026

Global coal demand is anticipated to undergo a significant shift in the coming years, according to the latest International Energy Agency (IEA) annual coal market report.

read more... 15/12/2023

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