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Daily (01.08.2024) Energy complex moved upwards on Wednesday, driven by tensions in the Middle East
Oil prices rebounded on Wednesday, driven by escalating tensions in the Middle East following the assassination of Hamas's leader by Israel. As a result, Brent crude rose by 2.7%, closing at $80.72 a barrel. Similarly, WTI crude increased by over 4%, settling at $77.91 a barrel.
read more... 01/08/2024
Natural hydrogen: European interest heats up, France leading the way
Potentially massive quantities of naturally produced hydrogen were discovered in France last year. Since then, prospectors across Europe have been on the lookout for more deposits and are calling for greater public support for their efforts.
read more... 01/08/2024
Enagas to build trans-European hydrogen pipeline
Gas grid operator Enagas has received provisional approval from the Spanish Government to begin developing the Spanish section of a trans-European hydrogen pipeline and related hydrogen infrastructure projects.
read more... 01/08/2024
UK offshore wind could gain 4.3GW from £1.56bn auction boost
The government has raised the budget for the renewables Contract for Difference (CfD) Allocation Round 6 by £0.53 billion to a total of £1.56 billion.
read more... 01/08/2024
Daily (31.07.2024) : British gas prices rose on Tuesday amid lower production and supply concerns
Oil prices continued to decline on Tuesday due to the gloomy outlook for demand growth in China. As a result, Brent crude dropped by 1.4%, closing at $78.63 a barrel. Similarly, WTI crude fell by 1.4%, settling at $74.73 a barrel.
read more... 31/07/2024