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Daily (19.11.2021): European carbon prices hit a fresh all-time high above 69 EUR/t on Thursday amid speculative buying
Oil prices increased slightly on Thursday, but the market was unable to reprise its recent highs as China seems ready to release some of its oil reserves, in apparent collaboration with the United States to fight back against OPEC output cuts. Hence, Brent crude settled 96 cents, or 1.2%, higher at $81.24 a barrel. U.S. WTI crude closed 65 cents, or 0.8%, higher at $79.01 a barrel.
read more... 19/11/2021
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Austria ready to sue EU over nuclear’s inclusion in green finance taxonomy
Austria’s energy and climate minister Leonore Gewessler told EURACTIV in an exclusive interview that her country was ready to go to court if the EU decides to include nuclear power into the bloc’s taxonomy on sustainable finance.
read more... 19/11/2021
EU plans single database to certify carbon content of hydrogen, low-carbon fuels
The European Commission is preparing to launch an EU-wide database to certify the carbon footprint of hydrogen and other low-carbon fuels in a harmonised way.
read more... 19/11/2021
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Norway oil firms raise 2022 investment forecasts
Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to take advantage of tax incentives designed to boost activity, a national statistics office (SSB) survey showed on Thursday.
read more... 19/11/2021
Daily (18.11.2021): Oil prices lost around 3% on Wednesday, due to dollar strength and fears of the US tapping into strategic reserves
Oil prices declined on Wednesday, pressured by a stronger US dollar and continued concerns of drawdowns from strategic crude reserves. Consequently, Brent oil fell by 2.6% to $80.28 a barrel and WTI crude dropped by 3% to $78.36 a barrel.
read more... 18/11/2021