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Daily (10.05.2023): European carbon prices extended gains for the third day in a row, boosted by bullish sentiment and moderate volume
On Tuesday, oil prices marked a third consecutive day of gains, led by a U.S. report that slightly boosted its outlook for global demand for refined products. Thus, Brent crude added 0.6% to settle at $77.44 a barrel. WTI crude advanced by around 0.8% to $73.71 a barrel.
read more... 10/05/2023
Italy, Germany, Austria sign letter to support hydrogen pipeline
Energy ministries of Italy, Germany and Austria have signed a joint letter of support for the development of a hydrogen-ready pipeline between North Africa and Europe, Italian gas grid operator Snam said on Tuesday.
read more... 10/05/2023
BP sees investment decision on Teesside carbon capture projects in 2024
BP expects to make a final investment decision in 2024 on a cluster of carbon capture projects in northern England, including a gas-fired power plant in Teesside, it said on Tuesday.
read more... 10/05/2023
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Germany to speed up solar expansion
Germany aims to significantly accelerate the expansion of solar energy as part of its new comprehensive photovoltaic strategy.
read more... 10/05/2023
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Daily (09.05.2023): Crude oil prices notched a 2.3% gain amid optimistic US employment data
The price of oil kept going up on Monday, due to a larger-than-anticipated increase in US employment during April. This led to Brent crude finishing at $77.01 per barrel, which represents a rise of 2.3%. WTI crude rose by 2.6% to close at $73.16 per barrel.
read more... 09/05/2023