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Daily (11.04.2022): The German Cal23 power contract jumped to an all-time high on Friday on Russian coal ban
Crude oil prices gained ground on Friday as increased concerns about reduced Russian exports counterbalanced increased supply to the market from emergency reserves. Brent crude soared by $2.20, or 2.19%, to settle at $102.78 a barrel. U.S. WTI crude increased by $2.23 to $98.26 a barrel.
read more... 11/04/2022
UAE, Germany sign ‘blue hydrogen’ contract in Abu Dhabi
German vice-chancellor Robert Habeck has secured several hydrogen cooperation contracts with the United Arab Emirates (UAE), with the first blue hydrogen expected to be shipped to Germany in 2022.
read more... 22/03/2022
Daily (11.03.2022): British gas prices plummeted on Thursday as fears of a complete disruption of Russian energy abated
Oil prices retreated on Thursday, taking a breather after a period of wild trading as Russia pledged to fulfill contractual obligations. Hence, Brent crude fell by $1.81, or 1.6%, to settle at $109.33 a barrel. U.S. WTI crude dropped by $2.68, or 2.5%, to settle at $106.02 a barrel.
read more... 11/03/2022
Germany signs initial contract to build first LNG terminal
The German state bank KfW and the Dutch utility Gasunie have signed a memorandum of understanding (MoU) on the construction of the first LNG terminal in Brunsbüttel, Germany.
read more... 07/03/2022
Spain calls on EU to endorse renewable energy contracts for industry
As eldiario.es reported, the Spanish government has called on the European Investment Bank (EIB) to provide financial guarantees for long-term fixed-price supply contracts for renewable energy, known as Power Purchase Agreements (PPAs).
read more... 14/02/2022