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Daily (02.08.2023): European carbon prices hit a seven-week low on Tuesday amid heavy selling
Oil prices retreated on Tuesday, affected by a further acceleration in the dollar and a disappointing Chinese indicator: China’s industrial activity contracted in July to its lowest level for six months, while economists were expecting a slight expansion. Thus, WTI crude ended 0.5% lower at $81.37 a barrel, while Brent crude fell by 0.8% to settle at $84.91 a barrel.
read more... 02/08/2023
Belgium, Engie agree to restart extended nuclear reactors from 2025
French energy company Engie and the Belgian government are set to sign contractual documents Friday, setting out the terms and conditions for restarting reactors Doel 4 and Tihange 3 in the winter of 2025.
read more... 24/07/2023
Daily (21.06.2023): European carbon prices soared to a two-month high on Tuesday ahead of June options contract expiry
Oil prices retreated slightly on Tuesday, despite a key interest rate cut in China designed to boost demand, as investors focused on the country's fragile economic health. Thus, WTI crude settled at $71.19 a barrel, while Brent crude ended at $75.90 a barrel.
read more... 21/06/2023
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Dutch grid company awards $25bn in contracts to connect North Sea wind farms to shore
Dutch state-owned grid company TenneT has awarded 11 contracts worth a combined total of $25bn (€23bn) for the development of systems connecting wind farms in the North Sea to shore.
read more... 31/03/2023
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Finance risk could limit EU’s joint gas buying plans
Companies’ ability to use the EU’s joint gas buying platform could be limited by lack of access to the financial guarantees needed to underpin contracts, European Commission vice president Maros Sefcovic said on Tuesday.
read more... 29/03/2023