Latest news
Daily (20.03.2023): Oil prices plunged by 2.3% on Friday amid the recent US banking turmoil
Crude oil prices declined on Friday, hovering to a near 13-month low driven by the recent US banking turmoil and expected US Fed rate hike. As a result, Brent oil and WTI crude both fell by 2.3% to trade at $72.97 a barrel and $66.74 a barrel, respectively.
read more... 20/03/2023
Mercedes set to invest billions in e-vehicles plants
Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions.
read more... 20/03/2023
Brussels plans EU bank to support green hydrogen
The European Commission plans to set up a Hydrogen Bank to support renewable hydrogen production in both the EU and internationally, it said on Thursday.
read more... 20/03/2023
.jpg){kind=spacer}
Germany, Spain push to keep nuclear out of EU renewable energy goals
Seven EU states including Germany, Spain and Denmark have strengthened their resistance to efforts by France to count nuclear energy towards EU renewable energy targets, according to a letter seen by Reuters.
read more... 20/03/2023
Daily (17.03.2023): European year-ahead power prices gained ground on Thursday tracking higher gas prices
Crude oil prices settled higher on Thursday following the news that Saudi Arabia and Russia met to discuss ways to improve market stability. Hence, Brent crude increased by 1.4% to $74.70 a barrel. At the same time, WTI crude gained 1% to end at $68.35 a barrel.
read more... 17/03/2023