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Daily (15.02.2024): Oil prices fell by over 1% on Wednesday, driven by a 12-million-barrel build in US crude oil inventories

Oil prices declined on Wednesday amid signs of a strong supply outlook following a significant surge of 12 million barrels in US crude oil inventories. As a result, Brent crude fell by about 1% to stand at $81.60 a barrel, while WTI crude dropped by more than 1.5% to settle at $76.64 a barrel.

read more... 15/02/2024

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French Senate approves nuclear safety reform

The French Senate on Tuesday adopted a draft bill to merge nuclear safety authority ASN with technical safety body IRSN, despite opposition from unions and associations concerned with transparency in the nuclear industry.

read more... 15/02/2024

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Germany grants €3.5 billion for green hydrogen import program

Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives.

read more... 15/02/2024

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UK considers heat pump and EV charger rule changes

The UK Government is consulting on proposals to relax regulations surrounding the installation of heat pumps and electric vehicle chargers in England

read more... 15/02/2024

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Daily (14.02.2024): European carbon prices continued their downward trend on Tuesday amid selling pressure and bearish energy complex

Oil prices finished higher on Tuesday, despite a disappointing inflation report from the United States, which some saw as a sign that demand remains sustained. Hence, Brent crude rose by about 1% to settle at $82.77 a barrel, while WTI crude increased by more than 1.2% to stand at $77.87 a barrel.

read more... 14/02/2024

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