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EU urged to do more to build carbon removals market
Businesses remain sceptical that a new EU certification framework for carbon removals is sufficient to generate a self-sustaining market, arguing Brussels must do more to make removing carbon from the atmosphere financially attractive.
read more... 16/11/2023
Daily (08.11.2023): European carbon prices hit their lowest level in over a year due to substantial selling pressure
On Tuesday, oil prices extended their losses, primarily due to a negative indicator regarding Chinese exports. This development failed to inspire optimism among investors concerning the growth of the world's largest crude importer, China. As a result, both contracts plunged by over 4%. Brent crude settled at $81.61 per barrel, while WTI crude ended at $77.37 per barrel.
read more... 08/11/2023
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Czechia progresses on new nuclear unit as three companies bid for contracts
The construction of a new nuclear power unit has moved forward with binding bids accepted from US-Canadian Westinghouse, France’s EDF and the Korean company KHNP, announced ČEZ’s Director of New Energy Division Tomáš Pleskač.
read more... 01/11/2023
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Emergency EU oil meeting focused on securing diesel supply
European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil during an emergency meeting of the bloc's oil coordination group, one told Reuters.
read more... 30/10/2023
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New UK laws to strengthen energy security and advance net zero
The Energy Act 2023, the most comprehensive energy legislation in the UK’s history, received Royal Assent on Thursday, 26th October.
read more... 27/10/2023