Latest news
.jpg)
Norway parliament to discuss proposals to stop electrification of major LNG plant
Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country.
read more... 14/04/2023
.jpg)
German grid firm Amprion plans to invest 22 bln euros over five years
German grid firm Amprion on Thursday said it plans to invest around 22 billion euros ($24 billion) over five years in its power transmission network, one of four in Europe's biggest economy, to make lines and cables fit for the transition to more renewable electricity.
read more... 14/04/2023
Denmark latest EU country to plan Energy Charter Treaty exit
Denmark is working towards exiting the Energy Charter Treaty, its energy ministry said on Thursday, casting further doubt over an international agreement that critics say has become an obstacle to tackling climate change.
read more... 14/04/2023
Daily (14.04.2023): Worries about recession weighed on oil prices on Thursday after hitting its highest level of the year the day before
Crude oil prices turned bearish on Thursday amid worries about recession in the US and Europe. Nevertheless, the market generally remains upbeat. Hence, Brent crude fell by 1.4% to $86.06 a barrel. WTI crude lost 1.3% to end at $82.16 a barrel.
read more... 14/04/2023
Daily (13.04.2023): WTI crude ended at its highest level of the year on Wednesday, amid fears of a tightening global supply and slowing U.S. inflation
Oil prices climbed on Wednesday, with WTI crude ending at its highest level of the year, as fears of a tightening global supply and slowing U.S. inflation offset the slight rise in U.S. crude inventories. As a result, Brent crude ended at $87.33 a barrel, while WTI crude settled at $83.26 on Wednesday.
read more... 13/04/2023