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Daily (24.02.2023): Brent crude increased on Thursday amid hopes for stronger Chinese demand and a decline in Russian output
Oil prices recovered on Thursday, supported by hopes for a Chinese economic recovery and expected declines in Russian production. Despite a surge in U.S. inventories, Brent crude oil jumped by 2%, to settle at $82.21 per barrel.
read more... 24/02/2023
German cabinet approves EU emergency measures to push renewables expansion
Germany's cabinet on Monday approved measures to accelerate the expansion of wind and solar power by simplifying licensing and setting deadlines for permitting procedures, the economy ministry said.
read more... 31/01/2023
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UK outlines electricity capacity market reforms, incentivising clean suppliers
Britain announced new proposals on Monday aimed at avoiding electricity blackouts and incentivising greater investment in low carbon technologies.
read more... 10/01/2023
German pipeline firms say they will 'make hydrogen happen' in 2025
Germany's Gascade, Ontras and terranets have agreed to convert high-pressure gas pipelines to transport low-carbon hydrogen from the Baltic Sea all the way the south of the country by 2025, the companies said on Thursday.
read more... 19/12/2022
Daily (12.12.2022): Crude oil prices saw their biggest weekly slump in months amid growing recession fears
Crude oil prices ended rather flat on Friday but hit their biggest weekly declines in months as supply issues following weak economic data from China, Europe, and the United States were overshadowed by growing recession fears. Hence, Brent crude steadied at $76.10 a barrel. U.S. WTI crude settled 44 cents lower at $71.02 a barrel, a fresh low for 2022.
read more... 12/12/2022