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Daily (07.07.2017): EU carbon prices jumped by 4% to hit one-month high on Thursday
Oil rose on Thursday, recovering some ground as the data from the American Petroleum Institute on Wednesday showed U.S. crude inventories fell more sharply than expected. Also, weekly inventory figures from the U.S. EIA confirm a heavy drop in crude stocks. Traders consider that there is a potential for oil prices to rise much higher. Brent crude jumped by almost 0.7% to end at $ 48.11 a barrel, while the WTI price soared increased by 0.9% to $45.52 a barrel.
read more... 07/07/2017
Bulgarian regulator will open tender for support in Kozloduy decommissioning
Bulgaria’s Nuclear Regulatory Agency (BNRA) intents to use €3 million from the funds provided by the European Bank for Reconstruction and Development for the decommissioning of the units 1-4 of the Kozloduy nuclear power plant.
read more... 05/07/2017
EU approves takeover of DONG’s oil and gas business by INEOS
The European Commission has favored UK petrochemical giant INEOS’ buyout of DONG’s oil and gas business, decision which followed the Danish firm’s agreement to sell its oil and gas exploration and production unit for $1.05 billion.
read more... 04/07/2017
Europe invests in Baltic green fund
The European Investment Bank (EIB) has pledged to invest €20 million in the BaltCap Infrastructure Fund of €100 million.
read more... 04/07/2017
EU countries and Parliament with distinct views about the carbon market reform
European Union countries and the European Parliament have different opinions on how to restructure the EU carbon market and if it should specify aviation and shipping, according to EU sources on Wednesday.
read more... 30/06/2017