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EU proposes extending energy crisis measure to curb gas demand

The European Commission on Monday proposed extending for a year an emergency measure to curb gas demand that is set to expire in order to help the continent get through next winter.

read more... 21/03/2023

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Newcleo aims to raise $1.1bn to build small nuclear reactors

UK-based energy company Newcleo intends to raise £900m ($1.1bn) to develop a fleet of nuclear reactors, The Times has reported.

read more... 21/03/2023

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Daily (20.03.2023): Oil prices plunged by 2.3% on Friday amid the recent US banking turmoil

Crude oil prices declined on Friday, hovering to a near 13-month low driven by the recent US banking turmoil and expected US Fed rate hike. As a result, Brent oil and WTI crude both fell by 2.3% to trade at $72.97 a barrel and $66.74 a barrel, respectively.

read more... 20/03/2023

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Mercedes set to invest billions in e-vehicles plants

Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions.

read more... 20/03/2023

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Brussels plans EU bank to support green hydrogen

The European Commission plans to set up a Hydrogen Bank to support renewable hydrogen production in both the EU and internationally, it said on Thursday.

read more... 20/03/2023

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