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Nordex to supply turbines for 380-MW wind project in Finland
German wind turbine maker Nordex SE has received an order from Finnish energy group Fortum Oyj to equip the 380-MW Pjelax-Boele-Kristinestad Norr wind farm cluster in southwestern Finland with 56 turbines.
read more... 05/01/2022
Czechs want tweaks to nuclear and gas conditions in EU green plan
The Czech Republic will seek allies to change conditions for the inclusion of gas and nuclear power projects in the European Union's hotly-debated green investment plan.
read more... 05/01/2022
Daily (05.01.2022): Brent crude back at $80 a barrel as OPEC agreed to stick with its planned output hike for February
Oil prices continued to add ground on Tuesday after OPEC+ group agreed yesterday to increase output by 400, 000 barrels per day in February as originally planned. The move provides some comfort to the market as it signals that they are confident with the demand outlook in the coming months. Hence, Brent crude increased by 1.3% to settle at $80.00 a barrel, the highest level since late November. U.S. WTI crude rose by 1.2%, to $76.99 a barrel.
read more... 05/01/2022
Daily (04.01.2022): Oil prices edged higher on Monday ahead of OPEC meeting
Crude oil futures gained ground on the first trading day of the new year ahead of an OPEC+ meeting on Tuesday to discuss production policy. Hence, Brent crude increased by 1.5% to settle at $78.98 a barrel. U.S. WTI crude settled up 1.2% at $76.08 a barrel. Both contracts were spurred by hopes of further demand recovery in 2022.
read more... 04/01/2022
EU denies trying to 'bury' green investment plan with Dec. 31 release
The EU's executive on Monday rejected suggestions it waited until New Year's Eve to publish divisive proposals to allow some natural gas and nuclear energy projects to be labelled as sustainable, saying "we weren't trying to do it on the sly".
read more... 04/01/2022