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OPEC sticks to upbeat view on oil demand growth in 2022, 2023
OPEC on Tuesday stuck to its forecasts for robust global oil demand growth in 2022 and 2023 citing signs that major economies were faring better than expected despite headwinds such as surging inflation.
read more... 14/09/2022
Daily (13.09.2022): Carbon prices rebounded sharply on Monday as the market reacted to an unexpectedly strong auction result
Crude oil prices rebounded on Monday amid growing supply worries as winter approaches. However, the overall global economic concerns about a recession continue to limit the uptrend. Brent crude futures increased by $1.16, or 1.3%, to settle at $94.00 a barrel. U.S. WTI crude rose by 99 cents, or 1.1%, to close at $87.78 a barrel.
read more... 13/09/2022
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Czech government approves electricity, gas price cap
The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala said.
read more... 13/09/2022
Denmark working on world’s first Power-to-X tender
The Danish Energy Agency (DEA) is working towards the first Power-to-X (PtX) tender in Denmark and will soon hold a stakeholder meeting to discuss tender timeline and framework. Furthermore, after forming a PtX task force, the DEA has now also established a secretariat for Power-to-X.
read more... 13/09/2022
North Sea nations plan huge expansion of wind power by 2050
Nine nations bordering the North Sea announced plans Monday to massively increase offshore wind power in the coming decades as part of an effort to combat climate change and become independent of fossil fuel imports, particularly from Russia.
read more... 13/09/2022