Latest news
Daily (20.01.2022): Oil prices were bullish on Wednesday, supported by forecasts for stronger demand
Crude oil prices rose on Wednesday, as the International Energy Agency (IEA) predicted a rise in crude demand, despite the spread of the Omicron variant. Furthermore, the situation was exacerbated by the apparent inability of OPEC+ to meet its production targets. Thus, Brent oil gained 1.1% at $88.44 a barrel and WTI crude jumped by 1.8% to $86.96 a barrel.
read more... 20/01/2022
VW and Bosch team up to boost Europe's battery ambitions
Volkswagen and Robert Bosch plan to set up a joint venture by the end of this year to equip battery cell factories and help make Europe self-sufficient in battery production.
read more... 20/01/2022
Abu Dhabi's Masdar signs green hydrogen deals with Engie, TotalEnergies
Abu Dhabi renewable energy group Masdar has signed a deal to develop a green hydrogen production plant in the United Arab Emirates with France's Engie and Fertiglobe, the company said on Wednesday.
read more... 20/01/2022
Poland's PGE plans share issue to fund coal-to-gas switches, solar, wind development
Polish utility PGE is planning to raise Zloty 3.2 billion ($800 million) through a share issue to partially finance coal-to-gas switching and the development of its onshore wind and solar PV portfolio, as well as modernize its distribution network, it said Jan. 19.
read more... 20/01/2022
Daily (19.01.2022): Oil prices continued to trade around multi-year highs amid geopolitical tensions and tight supply outlook
Crude oil prices extended seven-year highs on Tuesday amid concerns about tightening supply and exacerbating geopolitical tensions. Supply worries mounted this week after Yemen’s Houthi group attacked the United Arab Emirates, escalating hostilities. As a result, Brent crude rose by 4.5% to settle at $87.51 a barrel. At the same time, the American WTI crude gained 5.2% at $85.43 a barrel
read more... 19/01/2022