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Daily (11.05.2021): Front-year European electricity prices rocketed at multi-year highs on Monday as carbon broke the 52 EUR/t mark
Oil markets lacked a clear direction on Monday, with the Brent and WTI crude climbing marginally at $68.32 a barrel and $64.92 a barrel despite a cyber-attack forcing the shutdown of major fuel pipelines in the United States. However, hopes of an upcoming general global demand recovery provided some upside pressure.
read more... 11/05/2021
European Commission, France flag growing support for carbon border levy
Support is building for a European levy on imports from countries with easier carbon emissions standards, senior European Union and French officials said on Tuesday, as the bloc seeks to impose its guidelines on the emissions trading market.
read more... 24/03/2021
Daily (23.03.2021): British gas prices rose on Monday amid unplanned outages in Norway, bullish energy complex
Oil prices stabilized on Monday after a week of sharp declines, but ongoing jitters that the fresh lockdowns in Europe and the slow pace of vaccination rollout capped gains. Hence, Brent crude added 0.1% to settle at $64.62 a barrel. Meanwhile. U.S. WTI crude ended at $61.53 a barrel, posting a 0.2% gain day-on-day.
read more... 23/03/2021
Nigeria’s Lawsuits Against Shell Could Cause Oil Major Exodus
Judging from recent headlines, Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production.
read more... 11/03/2021
Tractebel outlines its vision for SMRs
Belgian engineering firm Tractebel today unveiled it`s vision for small modular reactors (SMRs), in which it notes that Canada, Estonia, Finland, France, Poland, the UK and the USA, among other countries, have "expressed a clear willingness to shape the future". It`s White Paper, The rise of nuclear technology 2.0, is the result of three years of "deep-diving the promises" of this advanced nuclear technology, and investing thousands of engineering hours in technical due diligence and market studies.
read more... 14/12/2020