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Daily (01.02.2024): Carbon prices extended their gains on Wednesday, supported by colder weather and rising gas prices

Oil prices declined on Wednesday, weighed by a sluggish Chinese economy despite the many ongoing tensions around the world. As a result, Brent crude fell by about 1.4% to settle at $81.71, while WTI crude tumbled by about 2.5% to close at $75.85 per barrel.

read more... 01/02/2024

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Czechs ask French, S.Korean firms for binding bids for up to 4 nuclear blocks

The Czech government said on Wednesday it would seek binding bids to build up to four nuclear power plant units instead of one, widening a long-running tender aimed at keeping nuclear power a big part of the country's energy mix in the coming decades.

read more... 01/02/2024

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British regulator awards North Sea oil and gas licences

Britain's oil and gas regulator on Wednesday awarded 24 new hydrocarbon exploration licences to 17 companies as part of efforts to extend production in the ageing basin.

read more... 01/02/2024

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Global investment in energy transition technology surges record 17% in 2023

Global investment in the energy transition surged by 17% in 2023 to $1.7trn, according to a report from research provider BloombergNEF (BNEF).

read more... 01/02/2024

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Daily (31.01.2024): Gas prices gained ground on Tuesday as outage at Freeport LNG raised supply concerns

Oil prices ended mixed on Tuesday as concerns over global oil demand offset ongoing supply concerns due to Middle East tensions. Consequently, Brent crude rose by about 0.6% to settle at $82.87, while WTI crude retreated by about 0.5% to close at $77.82 per barrel.

read more... 31/01/2024

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