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EC grants approval for Iberian gas price cap
The European Commission gave its final approval to a temporary Spanish and Portuguese cap on gas prices for power generation, it said on Wednesday.
read more... 10/06/2022
Daily (10.06.2022): British gas prices soared on Thursday as U.S. Freeport LNG terminal shuts after fire
Crude oil prices declined marginally on Thursday after parts of Shanghai imposed new COVID-19 lockdown measures. However, they are still hovering at near three-month highs amid falling gasoline inventories in the US. Hence, Brent crude lost 0.4% at $123.07 a barrel. US WTI crude slipped by 0.5% to end at $121.51 a barrel.
read more... 10/06/2022
Daily (09.06.2022): Oil prices surged to a 13-week high
On Wednesday, oil prices surged to a 13-week high as rising demand expectations in China and the United States, the world's two largest energy consumers, fueled fears about global supply constraints. As a result, Brent crude rose by 2.5% to $123.58 per barrel.
read more... 09/06/2022
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Sweden's H2 Green Steel signs 14-TWh PPA to power planned electrolyzer
H2 Green Steel has signed a 14-TWh power purchase agreement with Norway's Statkraft for its planned low-carbon steel production plant in Northern Sweden, the companies said in a statement June 8.
read more... 09/06/2022
Statkraft plans large expansion of western Norway hydropower plant
Norway's largest power producer Statkraft is seeking to expand the capacity of its Mauranger hydropower plant in western Norway by 630 megawatt in a bid to increase flexible power generation, it said late on Tuesday.
read more... 09/06/2022