Oil prices changed slightly on Tuesday, reflecting a cautious market stance in anticipation of a weekend shortened by the Thanksgiving public holiday. The market is also marked by the highly awaited OPEC+ meeting scheduled for Sunday. Consequently, Brent crude ended at $82.45 per barrel, while WTI crude ended at $77.77 per barrel.
read more... 22/11/2023
Sweden will build two new nuclear reactors by 2035 in a hedge on low-carbon energy security, with 10 new reactors hoped for by 2045.
read more... 17/11/2023
Oil prices declined on Wednesday as the prospect of supply outpacing demand continued to grow, with U.S. reserves rising to over 439 million barrels in the week ending November 10, significantly exceeding expectations. As a result, Brent crude ended 1.6% lower at $81.18 per barrel, while WTI crude dropped by 2% to end at $76.66 per barrel.
read more... 16/11/2023
Businesses remain sceptical that a new EU certification framework for carbon removals is sufficient to generate a self-sustaining market, arguing Brussels must do more to make removing carbon from the atmosphere financially attractive.
read more... 16/11/2023
Germany's core network for hydrogen fuel will extend over 9,700 km (6,000 miles) and cost around 20 billion euros ($21 billion) by 2032, the chairman of transmission system operator FNB Gas said on Tuesday, as Berlin bets on the fuel for decarbonisation.
read more... 15/11/2023