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EU lawmakers approve legislation to make batteries greener
The EU parliament approved on Wednesday new rules to make batteries more durable, more sustainable, and better performing.
read more... 16/06/2023
Daily (15.06.2023): Oil prices fell on Wednesday amid FED decision, weak macroeconomic data from China
On Wednesday, crude oil prices inched lower as a result of Fed’s decision to leave unchanged interest rate. Furthermore, higher supply from Russia and weak macroeconomic data from China has contributed to the overall downward trend in oil prices. Hence, Brent crude dropped by 1.5% to settle at $73.20 a barrel. Meanwhile, WTI crude traded at $68.27 a barrel, declining by about 1.7% day-on-day.
read more... 15/06/2023
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Romania's OMV Petrom hails largest oil find in decades
Romania's OMV Petrom said it has made a series of oil and gas discoveries in southern Romania including its largest crude find "in decades". The discoveries could help the firm reduce the decline in its upstream production and increase the intake of domestic crude at its 85,000 b/d Petrobrazi refinery in Ploiesti.
read more... 15/06/2023
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Poland delays green energy plan as election nears
Poland has deferred a plan to cut its reliance on coal by changing the status of its energy policy update to a consultation ahead of elections later this year, following pressure from mining unions.
read more... 15/06/2023
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Finnish wind power pipeline totals 121GW
Finland has a total of 121GW of new wind power capacity in line to be installed across the country, comprising 386 onshore wind projects and 32 offshore wind farms. But the bulk of these projects are still in the early phases of development, a report by the Finnish wind association said.
read more... 15/06/2023