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Daily (11.05.2022): The price of Brent crude oil decreased for the third consecutive day

The price of Brent crude oil decreased for the third consecutive day due to the lack of an EU resolution on a restriction on Russian imports. As a result, on Tuesday, the price fell by 3.3% to $102.46 per barrel.

read more... 11/05/2022

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Rotterdam aims to supply 4.6 million mt/year of hydrogen by 2030

The Port of Rotterdam could supply 4.6 million mt/year of hydrogen to Europe by 2030 from local production and imports, it said May 10.

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Portugal set to start up Europe's largest floating solar park

Two tugboats have moved a vast array of 12,000 solar panels, the size of four soccer pitches, to their mooring on Portugal's Alqueva reservoir in preparation to start up Europe's largest floating solar park in July.

read more... 11/05/2022

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BayWa re plans to issue 10TWh renewable energy tender in Europe

German renewable energy company BayWa re plans to issue a tender for 10TWh worth of corporate power purchase agreements (PPAs) over ten years later this year.

read more... 11/05/2022

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Daily (10.05.2022): Oil prices slumped by about 6% on Monday amid flagging demand due to Covid lockdown in China

Oil prices dropped sharply on Monday as the ongoing coronavirus lockdowns in China increased concerns about the demand outlook. Hence, Brent crude fell by $6.45, or 5.7%, to settle at $105.94 a barrel. U.S. WTI crude slumped by $6.68, or 6.1%, to settle at $103.09 a barrel.

read more... 10/05/2022

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