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Daily (21.07.2021): Carbon prices hit a 4-week low following weak auction activity
Crude oil prices closed higher on Tuesday, as the new OPEC+ deal should provide some stability to the market over the coming months in spite of the higher output. As a result, Brent crude oil rose 1.1% to $69.35 a barrel and WTI crude ended up 1.2% to $67.20 a barrel.
read more... 21/07/2021
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Longroad locks term financing for 200-MW solar park in Arizona
US-based Longroad Energy Holdings LLC has achieved commercial operations at its 200-MW DC Sun Streams 2 solar park in Arizona and finalised term financing for the asset, the renewables developer said on Tuesday.
read more... 21/07/2021
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Wärtsilä to provide 100MW of energy storage systems for projects in West Midlands
Wärtsilä has agreed to supply Pivot Power with 100MW of energy storage systems for its next two projects in the West Midlands.
read more... 21/07/2021
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U.S., Germany to vow action on Russia in Nord Stream 2 deal
The United States and Germany will take action against Russia if it uses the Nord Stream 2 gas pipeline to harm Ukraine or other Eastern European countries, according to two sources familiar with a bilateral agreement expected on Wednesday.
read more... 21/07/2021
Daily (20.07.2021): Oil prices slumped by around 7% on Monday as coronavirus cases increased worldwide
Oil prices plummeted on Monday, weighed by declining demand for black gold amid the coronavirus pandemic and the backdrop of the agreement on crude production between OPEC+ members. Brent oil tumbled by 6.8% to $68.62 a barrel and WTI crude lost 7.5% at $66.42 a barrel.
read more... 20/07/2021