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Daily (27.05.2022): Oil prices hit a two-month high on Thursday amid signs of tight supplies ahead summer
Crude oil prices soared to hit their highest levels in two months on Thursday after official US data showed the nation’s crude inventories eased for the second consecutive week, suggesting further tightness in the global market. The European Union’s disagreement with Hungary's plan to ban crude oil imports from Russia because of its invasion of Ukraine added further bullish pressure. Hence, Brent crude for July delivery surged by 3.0%, to settle at $117.40 per barrel. Meanwhile, US WTI crude increased by 3.4%, to close at $114.09 per barrel.
read more... 27/05/2022
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BayWa re plans to issue 10TWh renewable energy tender in Europe
German renewable energy company BayWa re plans to issue a tender for 10TWh worth of corporate power purchase agreements (PPAs) over ten years later this year.
read more... 11/05/2022
BayWa r.e. plans tender for 10 TWh of renewable power in Europe
Renewables developer and power producer BayWa r.e. AG said today it intends to issue a tender for corporate power purchase agreements (CPPA) in the autumn of 2022.
read more... 09/05/2022
Germany signs hydrogen cooperation agreement with India
Germany’s Minister of Economic and Climate Affairs Robert Habeck and his Indian counterpart R.K. Singh have signed an agreement on German-Indian hydrogen cooperation following multiple rounds of consultations.
read more... 03/05/2022
Russian oil embargo could be part of next EU sanctions package
The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday (11 April), although there is still no agreement to ban Russian crude.
read more... 12/04/2022