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Daily (28.05.2021): CO2 prices fell by over 3% on Thursday amid a weak complex, the release of UK ETS

Crude oil prices increased on Thursday, with Brent crude trading just below $70 a barrel as the potential of increased Iranian supply due to the lifting of US sanctions on the country was not been able to offer any direction to the market. Hence, Brent crude rose by 0.9% to settle at 69.46 a barrel. Meanwhile, U.S. WTI crude moved 1% higher at 66.85 a barrel.

read more... 28/05/2021

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Solar tracker maker Nextracker confidentially files for IPO

Nextracker Inc, the US-based manufacturer of solar photovoltaic (PV) trackers, is taking the necessary steps to launch an initial public offering (IPO).

read more... 29/04/2021

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EDF on course to build ‘world’s most powerful’ nuclear plant in India

French energy group EDF has announced it has submitted a binding offer to become the supplier of engineering studies and equipment for the construction of six reactors of a project that is claimed to become the world’s most powerful nuclear plant.

read more... 26/04/2021

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Daily (20.04.2021): Supply concerns due to high Asian LNG prices and bullish oil lifted British gas prices on Monday

Crude oil markets moved sideways on Monday, but a weaker U.S. Dollar offered some bullish support. However, the gains were capped by the resurgence of the pandemic in India and negotiations likely to lead to a relaxation of economic sanctions against Iran. Hence, Brent crude rose by 0.4% to settle at $67.05 a barrel. U.S. WTI crude closed at $63.38 a barrel, posting equally a 0.4% gain.

read more... 20/04/2021

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EU to offer gas plants a green finance label under certain conditions

The European Union plans to label some gas power plants as sustainable investments, a draft document seen by Reuters showed, after an initial proposal to deny them a green label faced a backlash from some member states.

read more... 23/03/2021

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