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Bulgartransgaz mulls 860 mln euro hydrogen pipeline project

Public gas transmission system operator Bulgatransgaz said it is in the early stages of developing a project for a new hydrogen infrastructure, which would require an estimated near-term total investment of 860 million euro ($974.4 million) and would be part of of a future hydrogen corridor from Southeast to Central Europe.

read more... 25/04/2023

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Daily (25.04.2023): Crude oil prices rose by 1% on Monday amid growing demand in China

Crude oil prices continued to rebound on Monday amid upbeat demand signals from Asia. Bookings made in China for travels overseas for the approaching May Day holiday indicate that travel to Asian nations is still recovering. Hence, Brent crude rose by $1.07, or 1.3%, to settle at $82.73 a barrel. Meanwhile, U.S. WTI crude settled up 89 cents, or 1.1%, to end at $78.76.

read more... 25/04/2023

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France's EDF returns Civaux 2 reactor, delays others amid strike

France's EDF has restarted the 1.5-GW Civaux-2 reactor while delaying both planned maintenance and returns elsewhere amid ongoing worker strikes, transparency data showed April 24.

read more... 25/04/2023

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Daily (24.04.2023): European carbon prices fell on Friday amid a lower-than-usual demand as the deadline for surrendering carbon allowances approached

Oil prices gained rose on Friday, trading 0.6% higher, due to a technical rebound after two sessions of sharp declines. However, gains were capped as the market remains anxious about the global demand. Brent crude settled at $81.66 a barrel and WTI crude ended at $77.87 a barrel.

read more... 24/04/2023

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France to uphold electricity price caps until early 2025

The French government will uphold caps on electricity price hikes until at least 2023 to protect citizens from high costs, finance minister Bruno Le Maire said via Reuters on Friday.

read more... 24/04/2023

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