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Norway to apply new energy-saving measures
The Norwegian government will introduce stricter energy-saving measures for power producers in circumstances when hydropower reservoir levels are anticipated to be low, with the possibility of reducing power exports during periods of shortages.
read more... 30/01/2023
Sweden's OX2 plans 1.4-GW offshore wind farm in Finnish waters
Swedish renewables developer OX2 AB on Friday said it has started developing a project that calls for the installation of a 1.4-GW offshore wind farm in the Gulf of Bothnia, in the Finnish economic zone.
read more... 30/01/2023
Daily (30.01.2023): British gas prices fell on Friday amid mild weather outlook, signals of the return of Freeport LNG terminal
Crude oil prices moved downwards on Friday amid reports that oil loadings from Russia's Baltic ports were set to rise by 50% this month from December. Hence, Brent crude declined by 81 cents, or 0.9%, to settle at $86.66 per barrel. U.S. WTI crude decreased by $1.33, or 1.6 %, to settle at $79.68 a barrel.
read more... 30/01/2023
Daily (27.01.2023): European carbon prices surged to a weekly high of above 89 EUR/t amid bullish technical drivers
Strong U.S. economic data and the assumption that the reopening of the Chinese economy would boost demand led to an uptick in oil prices on Thursday. As a result, Brent crude oil ended approximately 2% higher at $87.47 a barrel. U.S. WTI crude finished at 81.01 USD/bbl, rising by 1% day-on-day.
read more... 27/01/2023
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EU eyes $100/barrel cap on Russian premium oil products, $45 on discounted
The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on Thursday.
read more... 27/01/2023