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Daily (27.06.2024): Gas prices dropped on Wednesday, weighed by ample supply
Oil prices edged slightly higher on Wednesday as investors continued to assess the market's bleak fundamentals against a backdrop of escalating geopolitical tensions. As a result, Brent crude rose by 0.3%, settling at $85.25 a barrel. At the same time, WTI crude edged 0.2% up at around $81 a barrel.
read more... 27/06/2024
EU drafts plan to avoid disputes over green energy mega-projects
The European Union will set out how its member countries should jointly develop major renewable energy projects, in a bid to avoid projects being delayed by disputes over splitting the bill, a document seen by Reuters showed.
read more... 27/06/2024
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German gas caverns not far off winter targets at 79% full
Germany's natural gas caverns, at just over 79% capacity, are not far off legally-required filling levels for the coming 2024/25 winter, an industry executive said.
read more... 27/06/2024
RWE secures planning permit for 660MW Nordseecluster A
RWE has secured planning approval for its 660MW Nordseecluster A offshore wind project in Germany from the Federal Maritime and Hydrographic Agency.
read more... 27/06/2024
Daily(26.06.2024) : Higher gas and carbon prices lent support to year-ahead power prices on Tuesday
Oil price fell on Tuesday as bearish market fundamentals put pressure on prices. Brent crude decreased by over 1% to $85.01 a barrel and WTI crude fell by 1 % $80.83 per barrel, despite rising geopolitical tensions.
read more... 26/06/2024