Crude oil prices continued to lose ground on Friday, dragged down by worries about an impending recession after central banks in Europe and North America made it clear they would continue to battle inflation aggressively. Brent crude futures fell by $2.17, or 2.7% to settle at $79.04 a barrel. U.S. WTI crude slipped by $1.82, or 2.4%, to end at $74.29 a barrel.
read more... 19/12/2022
European Union negotiators reached a political deal on Sunday to overhaul the bloc's carbon market, cutting planet-heating emissions faster and imposing new CO2 costs on fuels used in road transport and buildings from 2027.
read more... 19/12/2022
Germany's Gascade, Ontras and terranets have agreed to convert high-pressure gas pipelines to transport low-carbon hydrogen from the Baltic Sea all the way the south of the country by 2025, the companies said on Thursday.
read more... 19/12/2022
Crude oil prices retreated on Thursday as traders fretted about the fuel demand outlook amid a stronger dollar and additional interest rate increases by international central banks. Hence, Brent crude fell by $1.49, or 1.8%, to settle at $81.21 a barrel, while U.S. West Texas Intermediate (WTI) crude dropped by $1.17, or 1.5%, to settle at $76.11 a barrel.
read more... 16/12/2022
Germany's lower house of parliament on Thursday passed legislation worth an estimated 100 billion euros ($106.14 billion) to put the brakes on electricity and gas bills for households and industry from January.
read more... 16/12/2022