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Daily (21.01.2022): European carbon prices surged by over 4% on Thursday, due to the highest number of auction bids in almost a year

Crude oil prices retreated on Thursday, pressured by an unexpected increase in US commercial crude stocks. However, extended constraints in global supply helped limit the downside. Thus, Brent oil slipped by merely 0.1% to $88.38 a barrel and WTI crude dropped by 1.6% to $85.55 a barrel.

read more... 21/01/2022

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Lotus explores electric-car battery partnership with Britishvolt

Group Lotus and Britishvolt have signed a preliminary agreement to explore teaming up on battery manufacturing, research and development, according to people familiar with the matter.

read more... 21/01/2022

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‘Too early’ to revise Europe’s bioenergy rules

A coalition of 10 EU member states, led by Sweden, have written to the French EU Council Presidency and the European Commission to warn against the planned revision of sustainability criteria for bioenergy, saying it is too early to do so.

read more... 21/01/2022

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Spanish consortium targets 2GW green H2 in €3.2bn plan

Spain's Repsol will lead a consortium to deliver 500MW of installed electrolyser capacity by 2025, rising to 2GW by 2030, which would meet half of the country's 4GW target for 2030.

read more... 21/01/2022

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Daily (20.01.2022): Oil prices were bullish on Wednesday, supported by forecasts for stronger demand

Crude oil prices rose on Wednesday, as the International Energy Agency (IEA) predicted a rise in crude demand, despite the spread of the Omicron variant. Furthermore, the situation was exacerbated by the apparent inability of OPEC+ to meet its production targets. Thus, Brent oil gained 1.1% at $88.44 a barrel and WTI crude jumped by 1.8% to $86.96 a barrel.

read more... 20/01/2022

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