Latest news
Northvolt to build multi-billion-euro battery plant in Germany
Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.
read more... 15/05/2023
UK energy bills set to soar due to gas import dependency
British homes could be heavily dependent on foreign gas as the UK faces a decline in North Sea gas output.
read more... 15/05/2023
Daily (15.05.2023): Crude oil prices declined by 1% on Friday amid economic gloom
Crude oil prices retreated on Friday, heading for a fourth consecutive weekly loss as the debt-ceiling impasse in Washington and broader economic concerns continued to weigh. Hence, Brent crude declined by 1% to settle at $74.17 a barrel. Meanwhile, U.S. WTI crude fell by 1.2% to end at $70.04 a barrel.
read more... 15/05/2023
Daily (12.05.2023): Oil prices dropped by about 2% on Thursday, undermined by the prospect of renewed Iraqi Kurdish oil exports to Turkey
Oil prices continued losing ground on Thursday, weighed down by the prospect of resumption of Iraqi Kurdish oil exports to Turkey, as well as by a worrying macroeconomic outlook. Thus, Brent crude declined by about 2% to settle at $74.98 a barrel. WTI crude dropped by around 2.3% to $70.87 a barrel.
read more... 12/05/2023
.jpg)
Norway postpones controversial onshore wind power tax
The Norwegian government said on Thursday it was postponing plans to introduce additional taxes for onshore wind power operators by a year to 2024 amid industry concern it may derail renewable energy expansion.
read more... 12/05/2023