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EU announces plans to lead green industrial revolution

The European Commission presented the centrepieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition.

read more... 17/03/2023

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UK Spring budget: Hunt announces $24bn for carbon capture and storage

UK chancellor Jeremy Hunt announced on Wednesday the government’s plans to commit $24bn (£20bn) to carbon capture and storage.

read more... 17/03/2023

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Daily (16.03.2023): European power prices fell on Wednesday amid lower gas and CO2 prices

Oil prices had a bearish evolution on Wednesday due to a crisis in the banking sector and amid worries about the broader economy. Consequently, Brent crude decreased by 4.8% to $73.69 a barrel and WTI oil closed 5.2% lower at $67.61 a barrel.

read more... 16/03/2023

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US crude oil exports hit record high in 2022, EIA data shows

U.S. crude oil exports hit a record high in 2022 as releases from the Strategic Petroleum Reserve (SPR) nearly matched the increase in domestic output to boost U.S. supply to countries looking to replace Russian crude.

read more... 16/03/2023

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Britain considers coal power back-up for next winter - National Grid

Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday but plant operators said they are unlikely to be able to meet the request.

read more... 16/03/2023

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