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French lower house report urges government to ditch Arenh
France should immediately suspend the Arenh regulation governing the sale by EDF of its nuclear generation to rivals, a lower house committee said in a new report.
read more... 13/04/2023
Daily (12.04.2023): A bullish energy complex on Tuesday after Easter Holidays
Crude oil prices increased on Tuesday, boosted by an unexpected build in US inventories. Demand optimism and last week's announced OPEC+ cuts counterbalanced ongoing worries about economic slowdown in the West. Hence, Brent crude soared by 1.7% to settle at $85.61 a barrel. WTI crude ended 2.2% higher at $81.53 a barrel.
read more... 12/04/2023
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IberBlue Wind to invest $4.36 bln in Portugal-Spain offshore wind
Irish-Spanish consortium IberBlue Wind plans to invest more than 4 billion euros ($4.36 billion) in two wind farms off the Atlantic coasts of Portugal and Spain, it said on Tuesday.
read more... 12/04/2023
Hyundai Motor Group to invest $18 bln in South Korean EV industry by 2030
Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030, bolstering its presence in a segment that is set to dominate long-term global automotive demand.
read more... 12/04/2023
Au revoir, Germany’s ‘Atomkraftwerke’
On April 15, Germany will shut down its last remaining nuclear power plants, marking the end of the country’s more than 60-year foray into nuclear power and a long-time era of Franco-German cooperation.
read more... 12/04/2023