On Thursday, oil prices increased ahead of a long weekend during which many markets will be closed. The rise was attributed to concerns about potential supply shortages from various regions around the world due to geopolitical tensions. Consequently, Brent crude rebounded by 1.6% to settle at $87.48 a barrel, while WTI crude stood at $83.17 a barrel, climbing by 2.2% day-on-day.
read more... 29/03/2024
Romania’s justification for not implementing measures to reduce energy consumption in recent years, as other EU countries have done, is not convincing, argues Energia Inteligentă, a Romanian professional energy association.
read more... 29/03/2024
France should continue refusing to include renewable targets in its energy-climate plan, which will be submitted to the European Commission in June, the country’s former energy minister Agnès Pannier-Runacher said this week.
read more... 29/03/2024
National Grid Electricity Distribution (NGED) has unveiled a two year action plan for its Distribution System Operator (DSO) at an event hosted at London’s Battersea Power Station.
read more... 29/03/2024
Oil prices weakened on Wednesday, reflecting an unexpected build in U.S. crude inventories, in contrast to analysts' forecasts. As a result, Brent crude retreated by 0.4% to settle slightly above $86 a barrel, while WTI crude settled at $81.35 a barrel, down 0.3% day-on-day.
read more... 28/03/2024