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Daily (18.01.2021): Carbon EUAs plummeted by 5% on Friday, following a bearish energy market

Crude oil prices retreated on Friday, weighed by global demand concerns amid the coronavirus pandemic. Hence, Brent crude and WTI oil lost 2.3% to close at $55.10 and $52.36 a barrel, respectively.

read more... 18/01/2021

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RWE to develop four onshore wind farms in France and Poland

Three of the wind farms will be located in France and one in Poland and will have a total installed capacity of 76MW

read more... 18/01/2021

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Global power consumption ‘to almost double by 2050’

A new report predicts half of global power generation will come from renewables by 2035

read more... 18/01/2021

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Costa Cruises’ 2nd LNG-powered cruise ship floated out in Finland

Costa Toscana, an LNG powered, 185,000 GT cruise ship being built for Carnival’s Italian brand Costa Cruises, was floated out to the outfitting pier at Finland’s Meyer Turku shipyard on 15 January 2021.

read more... 18/01/2021

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Daily (15.01.2020): U.S. WTI crude ended at its highest level in 11 months on Thursday amid stimulus optimism

Crude oil futures gained ground on Thursday, with U.S. WTI crude hitting its highest level since February of last year, buoyed by the continuing COVID-19 vaccine rollout and hopes that a new U.S. coronavirus relief plan could boost oil demand. Hence, Brent crude rose by 36 cents, or 0.6%, to settle at $56.42 a barrel on ICE Futures Europe. U.S. oil benchmark increased by 66 cents, or 1.3%, to close at $53.57 a barrel on the New York Mercantile Exchange.

read more... 15/01/2021

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