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Serbia secures $2.18bn renewables investment commitment from China
The Serbian mining and energy ministry has secured a commitment of $2.18bn (RSD236.08bn) in investment from China for the development of renewable energy projects, Reuters has reported.
read more... 30/01/2024
Daily (26.01.2024): Oil prices surged to their highest levels since early December on the back of positive economic data from China and the U.S
Oil prices rose to their highest level since early December on Thursday, driven by encouraging economic data from the U.S. and stimulus actions in China. As a result, Brent crude ended at $82.43, while WTI crude closed at $77.36 per barrel, with both contracts jumping by about 3%.
read more... 26/01/2024
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China Reinstates Coal Tariffs, Impacting Global Suppliers
China has reinstated tariffs on coal imports from the start of this year in what could be a blow to Russian exporters.
read more... 03/01/2024
Daily (08.12.2023): Gas and power forward prices extended gains on Thursday amid stronger demand and supply concerns due to colder weather
On Thursday, oil prices experienced a minor decline as the bearish sentiment persisted, driven by indications of weakened global demand, particularly from China, the largest oil importer globally. Nevertheless, declining U.S. stocks limited losses. Thus, Brent crude settled at $74.05 per barrel, while WTI crude closed at $69.34 per barrel.
read more... 08/12/2023
Global coalition pledges to triple renewables, double energy efficiency improvements
118 countries – China and India not included – have signed up to a pledge to triple their renewable energy capacity and double their rate of energy efficiency improvements by 2030.
read more... 05/12/2023