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Daily (28.02.2024): Oil prices extended gains on Tuesday amid rising tensions in the Middle East
On Tuesday, oil prices saw a notable rise amid rising tensions in the Middle East and tightening supplies. The suspension of some Russian gasoline exports also lent support to prices. Consequently, Brent crude oil price increased by 1.4% to $83.65 a barrel, while WTI Crude gained 2% to settle at $78.87 a barrel.
read more... 28/02/2024
Daily (27.02.2024): Gas prices rebounded sharply on Monday amid a technical correction, despite comfortable outlook
Oil prices rose on Monday, buoyed by high tensions in the Middle East and firm refined product prices. As a result, Brent crude settled at $82.53 a barrel, and WTI crude reached $77.58 a barrel, both contracts dropping by more than 1% day-on-day.
read more... 27/02/2024
Spain starts consultation on new offshore wind rules
Spain has opened a public consultation on a new set of rules for offshore wind energy production, laying the groundwork for auctions of sea-based concessions, the Energy Ministry said on Monday.
read more... 27/02/2024
Berlin launches ‘milestone’ strategies to capture and remove CO2 permanently
Germany will change its CO2 storage law to facilitate gas transport and is eyeing carbon capture in industry and the power sector while taking steps to become an emission-negative country past 2050.
read more... 27/02/2024
EU awards Italian energy groups $402 mln for green hydrogen
The European Commission has awarded financing of up to 370 million euros ($402 million) to set up a 'Green Hydrogen Valley' in Italy's Puglia region, the energy groups involved said.
read more... 27/02/2024