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Daily (20.04.2023): Oil prices fell by almost 2% on fears of a global recession
On Wednesday, crude oil prices experienced a decline, despite signs of improving demand from China. The market continues to fear a global recession, which has contributed to this downward trend. As a result, Brent crude lost 2% and was trading at $83.12 a barrel. WTI Crude also shed 2.1% closing at $79.16 a barrel.
read more... 20/04/2023
EU launches first cross-border renewables support scheme
The EU’s first cross-border renewables support scheme opened on Tuesday with a call for solar photovoltaic projects in Finland that will also help Luxembourg meet its renewable targets.
read more... 20/04/2023
German cabinet approves bill to phase out oil and gas heating systems
The German cabinet on Wednesday approved a bill that bans most new oil and gas heating systems from 2024, the economy minister said, a policy designed to cut greenhouse gas emissions but that critics warned could be costly for poorer households.
read more... 20/04/2023
Port of Rotterdam plans 1GW green hydrogen site
The Port of Rotterdam Authority is developing an 11-hectare (ha) site on the Maasvlakte that will be suitable for a green hydrogen plant capable of generating up to 1GW.
read more... 20/04/2023
Daily (19.04.2023): European carbon prices posted significant gains on Tuesday as European Parliament lawmakers approved a series of market adjustments
Oil prices remained mostly flat Tuesday, as Chinese economic figures offset interest rates concerns. Brent crude settled at $84.77 a barrel and WTI crude ended at $80.86 a barrel.
read more... 19/04/2023