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Daily (31.03.2023): Oil prices gained ground on Thursday, on eased concerns related to financial markets and Iraq's cut in supply

Oil prices gained ground on Thursday, driven by eased concerns related to financial markets, but also by the prolongation of a shutdown in Iraq that is cutting supply by several million barrels. Thus, Brent crude traded around 1% higher to $79.27 a barrel, while WTI crude settled at $74.37, up by 2% day-on-day.

read more... 31/03/2023

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EU reaches deal on higher renewable energy share by 2030

The European Union reached a provisional deal on Thursday on higher renewable energy targets, an important pillar of the bloc's plans to fight climate change and end dependence on Russian fossil fuels.

read more... 30/03/2023

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Nuclear row threatens EU deal on renewable energy goals

European Union countries are split over whether to allow nuclear energy to contribute to meeting their renewable energy targets, a dispute threatening to delay one of the EU's main climate policies.

read more... 29/03/2023

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EC demands more transparency around carbon offsets in greenwashing crackdown

The European Commission will require companies to provide details on the origination and methodologies of the carbon credits it is using, according to its new proposal aimed at countering greenwashing and misleading environmental claims.

read more... 24/03/2023

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Seven countries reject nuclear-derived hydrogen from EU renewables law

A group of seven EU countries led by Germany have rejected calls to incorporate nuclear-made hydrogen into the bloc’s green transport targets, reigniting a dispute with France that has held back an agreement on the bloc’s renewable energy directive.

read more... 22/03/2023

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