Spain urged the European Commission on Monday (20 September) to devise guidance to help member states react consistently to power price spikes without testing the rules of the bloc, and suggested moves to limit carbon market speculators and build up gas reserves.
read more... 22/09/2021
Crude oil prices retreated on Monday amid concerns over slowing economic growth in China, highlighted by a debt crisis faced by property developer Evergrande. Moreover, investors grew more risk averse, which hurt stock markets and spurred the U.S. dollar, making oil more expensive for holders of other currencies. Hence, Brent crude fell by $1.42, or 1.9%, to settle at $73.92 a barrel. U.S. WTI crude declined by $1.68, or 2.3%, to end at $70.29 a barrel.
read more... 21/09/2021
Three Spanish groups -- Enagas, Exolum and Naturgy -- have agreed to work together in potentially rolling out a network of 50 hydrogen refueling stops that would create a nationwide grid, they said Sept. 20
read more... 21/09/2021
Oil prices retreated on Friday, pressured by a stronger US dollar and the gradual recovery of production facilities in the Gulf of Mexico. As such, Brent oil slipped by 0.4% at $75.34 a barrel and WTI crude ended 0.9% lower at $71.97 a barrel.
read more... 20/09/2021
Several European power firms have been shut out of bumper revenues from record high gas and electricity prices as their sales are largely locked in at lower prices, and face extra pressure from governments acting to protect consumers.
read more... 20/09/2021