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US waives sanctions against Nord Stream 2 developers
The US has waived sanctions against Russian natural gas giant Gazprom for its ownership of the nearly completed Nord Stream 2 gas pipeline to Germany, and against its CEO, according to a State Department report to the Congress on May 19.
read more... 20/05/2021
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Gazprom shrugs off renewables with prediction of rising gas demand
Russian gas giant Gazprom expects demand for natural gas to grow in the coming decades and for it to play a bigger role in energy consumption than renewable sources and hydrogen, a company official said on Tuesday.
read more... 19/05/2021
Gas, coal, emissions interaction fuels price rallies
The upward trajectory in European gas, coal and emissions prices in recent weeks has been closely intertwined, with coal-to-gas fuel-switching prices moving up and up.
read more... 17/05/2021
Daily (14.05.2021): Carbon prices retreated by 1.5% on Thursday amid profit-taking as well as weak gas prices
Oil prices slumped on Thursday, retreating from 2-month highs amid deepening India’s coronavirus crisis and the resumption of a key U.S. fuel pipeline. Hence, Brent crude dropped by 3.3% to settle at $67.05 a barrel. Meanwhile, U.S. WTI crude shed by 3.4% to $63.82 a barrel.
read more... 14/05/2021
Daily (13.05.2021): Carbon EUAs climbed by more than 4% on Wednesday, on strong auction results and investor interest
Oil prices increased on Wednesday, as crude inventories in the United States diminished slightly. Meanwhile, the tense situation at some American gas stations, after the shutdown of a major pipeline, lent additional support to prices. Hence, Brent oil was 1.1% up at $69.32 a barrel and WTI crude ended 1.2% higher at $66.08 a barrel.
read more... 13/05/2021