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Daily (12.02.2021): Energy prices retreated on Thursday after hitting record highs
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 759-MW turbine order for Dutch offshore wind project not yet firm
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
EU eyes two-thirds renewable gas by 2050
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.
read more... 12/02/2021
Shell says to invest $5-6 billion annually in green energy
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
Daily (11.02.2021): Carbon prices above €39-mark, German spot power at 2-year high on Wednesday
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