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Solar, wind industry worried about ‘daft’ EU permitting rules

New emergency permitting rules tabled by the European Commission just over a week ago would concern only “new” renewable energy projects and fail to address the hundreds of gigawatts currently stuck in the administrative pipeline, industry sources say.

read more... 18/11/2022

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World’s first promotional platform for financing green hydrogen launched in Germany

German state-owned investment and development bank KfW has launched the world’s first financing platform for tailored financing of infrastructure for green hydrogen and its derivatives.

read more... 18/11/2022

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UK increases, extends upstream oil and gas windfall tax

The UK is to increase its temporary windfall tax on oil and gas producers by 10 percentage points, the country's finance ministry confirmed today.

read more... 18/11/2022

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Daily (18.11.2022): Brent crude fell below $90 a barrel for the first time in six weeks amid sluggish demand

Crude oil prices fell sharply on Thursday, with demand constrained by the growing COVID-19 cases in China and worries about more aggressively raising U.S. interest rates. Brent crude dropped by 3.3% to settle at $89.78 a barrel. U.S. WTI crude tumbled by 4.6%, to settle at $81.64 per barrel.

read more... 18/11/2022

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Daily (17.11.2022): Oil prices were bearish on Wednesday after the restart of crude supplies via Druzhba pipeline

Oil prices dropped on Wednesday as a result of the commencement of Russian oil supplies via the Druzhba pipeline to Hungary and an increase in COVID-19 cases in China. As a result, Brent crude settled at $92.86 a barrel, down 1%. WTI crude decreased by 1.5% to $85.59 per barrel.

read more... 17/11/2022

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