France will give the green light to new investments in nuclear fusion, natural hydrogen, energy storage and carbon capture, President Emmanuel Macron announced on Monday (11 December).
read more... 13/12/2023
On Monday, oil prices saw a modest increase as investors were cautious in anticipation of a week filled with market reports and decisions on monetary policy. As a result, Brent crude closed slightly above $76, while WTI crude ended at $71.32 per barrel.
read more... 12/12/2023
Oil prices closed lower on Thursday despite OPEC+ members announcing additional production cuts. The market responded cautiously to the announcement, as several OPEC and allied nations pledged further reductions to enhance market stability and balance. Consequently, Brent crude edged 0.3% down at $82.83 per barrel, while WTI crude ended over 2% lower to settle slightly below $76 per barrel.
read more... 01/12/2023
The Parliament of Sweden has approved a new energy bill paving the way for the construction of additional nuclear reactors beyond the 10 originally approved to boost energy security and reduce carbon emissions, Reuters reports. Sweden’s current fleet of six nuclear reactors is all that remains from 12 reactors after a 1980 referendum committed to exiting nuclear energy entirely.
read more... 30/11/2023
France’s draft national energy and climate plan (NECP), recently handed into the European Commission, fails to mention a renewable energy objective for 2030, referring instead to a “decarbonised” energy target incorporating nuclear power, contradicting the EU’s renewable energy directive.
read more... 30/11/2023