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Daily (22.04.2022): Oil prices soared on Thursday due to Germany’s plans to cut oil imports from Russia by the end of 2022
Oil prices rose on Thursday, due to weaker Russian output and Germany’s plans to eliminate oil imports from Russia. Consequently, Brent crude increased by 1.4% to $108.33 a barrel. U. S. WTI Crude rose by 1.5% to $103.79 a barrel.
read more... 22/04/2022
EU countries edge towards deal to share out emissions-cutting efforts
European Union countries are edging towards a deal on how to share the burden of cutting greenhouse gas emissions within the EU, with states poised to accept national targets proposed by Brussels last year, according to diplomats and a draft document seen by Reuters.
read more... 22/04/2022
Portuguese-Danish-Dutch consortium plans $1.1 bln hydrogen plant in Sines
Portuguese project developer Madoqua Renewables, Danish fund manager Copenhagen Infrastructure Partners (CIP) and Dutch firm Power2X announced plans on Thursday to invest 1 billion euros ($1.09 billion) in a green hydrogen plant in Portugal.
read more... 22/04/2022
Portugal expects deal to disconnect power prices from gas prices 'very soon'
Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday.
read more... 22/04/2022
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Daily (21.04.2022): NBP spot jumped on Wednesday as maintenance curbed Norwegian flows
Oil prices changed slightly on Wednesday as concerns about economic growth and oil demand stagnation persist. Consequently, Brent crude edged 0.4% lower at $106.80 a barrel. U. S. WTI Crude edged 0.3% lower at $102.19 a barrel.
read more... 21/04/2022