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Daily (11.01.2023): European electricity prices fell on Tuesday amid strong renewable energy, bearish gas and carbon prices
Crude oil prices increased slightly on Tuesday as the U.S. government predicted record global petroleum consumption next year and the dollar remained near seven-month lows. Brent crude rose by 45 cents or 0.6%, to settle at $80.10 a barrel. Meanwhile, U.S. WTI crude ended 49 cents, or 0.6% higher at $75.12 per barrel.
read more... 11/01/2023
Norway expects jump in oil output and gas near record highs
Norway's oil output is expected to rise by 6.9% this year as the huge Johan Sverdrup field ramps up production while gas volumes are predicted to remain unchanged near record highs, the Norwegian Petroleum Directorate (NPD) said on Monday.
read more... 10/01/2023
Germany raises record EUR 13bn through carbon pricing
Germany raised a record EUR 13.2bn last year through emissions sales on both Europe’s carbon market and the country’s domestic scheme for heating and transport, the Federal Environment Agency (UBA) said on Tuesday.
read more... 05/01/2023
Germany inaugurates first new LNG terminal
The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first regasification ship set to dock in mid-December.
read more... 16/11/2022
Norway expects to earn record $131 bln from oil and gas in 2023
The Norwegian government expects record income next year from its oil and gas industry, it said on Thursday, predicting a rise of 18% from this year's level and a fivefold increase over 2021 as production rises and prices soar.
read more... 07/10/2022