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Unleashing Romania's Offshore Wind Potential

The Ministry of Energy has submitted for public debate a new legislative proposal for offshore wind energy in Romania. This law is eagerly awaited by the market, especially considering the lack of success in promulgating the two previous legislative drafts on the same topic

read more... 02/08/2023

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UK hosts £100bn energy investment summit

Top executives from the UK’s energy sector will come together at 10 Downing Street later today to discuss ambitious investment plans worth £100 billion.

read more... 02/08/2023

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Daily (01.08.2023): Crude prices extended gains on Monday as demand is likely to increase

On Monday, crude oil prices gained ground, supported by signs of tightening supply. Hence, Brent crude edged 0.7% higher at $85.56 a barrel, while WTI crude increased by about 1.5% to settle at $81.80 a barrel.

read more... 01/08/2023

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UK Windfall Tax Here to Stay Despite Energy Sector Overhaul

Downing Street’s latest energy announcements this morning will not lead to a reversal in the controversial windfall tax, despite industry hopes of it being softened to make the country’s investment climate more attractive.

read more... 01/08/2023

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G20 nations fail to agree on emission reduction targets at talks

The Group of 20 (G20) major nations failed on Friday to agree on concrete targets to cut dangerous emissions, releasing only a statement that dismissed current measures to address climate change as "insufficient".

read more... 01/08/2023

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