Crude oil prices edged lower on Thursday following the downward revision of the global demand outlook from the International Energy Agency (IEA). Consequently, Brent oil slipped by 0.5% to $61.14 a barrel, while WTI crude lost 0.8% to trade at $58.24 a barrel.
read more... 12/02/2021
Siemens Gamesa Renewable Energy SA has been tapped to supply turbines for the 759-MW Hollandse Kust Noord offshore wind project in Dutch North Sea.
read more... 12/02/2021
The consultation, which will run until 10 March, is part of a hydrogen and gas markets "decarbonisation" package, a proposal for which is expected by the end of June.
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Anglo-Dutch oil giant Shell will invest up to $6 billion (4.9 billion euros) per year in green energy after its oil output peaked in 2019, the group said Thursday.
read more... 12/02/2021
Wednesday saw another session of growth for crude oil prices, as the weekly EIA report showed a drop in US crude stocks, while global demand is slowly increasing. As such, both Brent and WTI crude gained 0.6% to settle at $61.47 a barrel and $58.68 a barrel, respectively.
read more... 11/02/2021