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EDF snaps up one of world’s largest floating wind projects
EDF Renewables, a subsidiary of the French global energy player EDF, has announced the acquisition of an up to 10GW floating offshore project in Australia.
read more... 20/02/2023
Daily (23.01.2023): Oil prices increased by over 1% on Friday amid brighter demand outlook in China
Crude oil prices moved upwards on Friday amid the prospects of rising demand in China as the economy in the world’s biggest oil importer gradually bounces back from nearly three years of stringent Covid lockdowns despite increases in infections. Hence, Brent crude increased by $1.47, or 1.7%, to settle at $87.63 a barrel. U.S. WTI crude settled at $81.31 a barrel, gaining 98 cents, or 1.2% day-on-day.
read more... 23/01/2023
Daily (18.01.2023): Oil prices rebounded to their highest level in two weeks on Tuesday on the prospect of increased demand in China
Oil prices rebounded to their highest level in two weeks on Tuesday on the prospect of increased demand in China as the world's top oil importer's economy gradually recovers despite rising infections. Thus, Brent crude oil rose by $1.46, or 1.7 percent, to $85.92 a barrel. U.S. WTI crude oil settled at $80.18 a barrel, gaining $1.11, or 1.4 % on a daily basis.
read more... 18/01/2023
EDPR brings Iberia's first wind-solar power plant on-stream
EDP Renovaveis, the world's fourth-largest renewable power producer, has brought on-stream the first hybrid wind-solar farm in Iberia, adding 36.5 gigawatts (GW) of annual capacity just as Europe is facing an energy crisis.
read more... 16/01/2023
Daily (10.01.2023): European gas and power prices moved upwards on Monday amid colder weather forecast
Crude oil prices moved upwards on Monday as China's decision to lift COVID-19 restrictions raised hopes for a rebound in economic activity in the world's second largest oil consumer. Brent crude rose by $1.08, or 1.4%, to settle at $79.65 a barrel. U.S. West Texas Intermediate crude added 86 cents, or 1.2%, to $74.63.
read more... 10/01/2023