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Daily (15.08.2022): European carbon prices climbed to a fresh six-week high on Friday amid reduced auction supply

Crude oil prices declined on Friday amid concerns that supply disruptions in the American Gulf of Mexico would be temporary, while recession worries cast doubt on the prospects for demand. Hence, Brent crude fell by $1.45, or 1.5%, to settle at $98.15 a barrel. U.S. WTI crude dropped by $2.25, or 2.4%, to settle at $92.09 a barrel.

read more... 15/08/2022

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CATL to build $7.6B Hungary battery plant to supply Mercedes, BMW

China's CATL plans to build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.

read more... 15/08/2022

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Hydro plant with capacity to charge 400,000 car batteries

Switzerland is adding a much needed cog in the wheel to its energy supply with an underground hydropower plant that says it has capacity to store enough electricity to charge 400,000 car batteries simultaneously.

read more... 08/08/2022

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France agrees emergency gas market measures

The French parliament has agreed emergency gas market measures, including the building of a 50 TWh/year LNG terminal, to secure supply this winter.

read more... 05/08/2022

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Russia's Gazprom stops gas supplies to Latvia

Russian gas producer Gazprom said on Saturday it had stopped sending gas to Latvia after accusing it of violating supply conditions, a move the Baltic country said would have little impact on its gas supplies.

read more... 02/08/2022

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