Oil prices saw a slight rebound following the sharp decline on Wednesday as investors eagerly anticipated the release of first-quarter growth figures for the United States, the world's largest consume. Brent crude saw a 1% increase day-on-day, ending at $78.37, while WTI crude rose by 0.6% to settle at $74.76 a barrel.
read more... 28/04/2023
The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening.
read more... 28/03/2023
Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market.
read more... 28/03/2023
Oil prices fell on Thursday amid fears of further interest rate hikes by the Federal Reserve following the release of Producer Price Index (PPI) report showing an increase of 0.5% in inflation on a monthly basis in January. Thus, Brent crude oil slipped by 0.3% to $85.14 a barrel.
read more... 17/02/2023
Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process aiming for a third quarter launch.
read more... 06/02/2023