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Daily (23.06.2020): Crude oil prices soared over 2% on Monday amid easing lockdowns, tighter supplies
Crude oil futures edged higher on Monday amid tightening crude supplies from major producers and as lockdowns eased, but sentiment remained precarious as coronavirus infections continued to accelerate. Hence, Brent crude for August delivery rose by 89 cents, or 2.11%, to settle at $43.08 per barrel. At the same time, U.S. WTI crude for July delivery, which expired at the end of the session, soared by 2.5%, to end at $40.73 a barrel, the highest level since March 6.
read more... 23/06/2020
TurkStream gas flow to halt for annual maintenance
Gas transmission via both lines will temporarily stop from Tuesday am until next Monday morning: TurkStream project firm
read more... 23/06/2020
US-based Attis to build 80 mln euro biofuel factory in Serbia
US diversified innovation and technology holding company Attis Industries plans to invest up to 80 million euro ($90 million) in the construction of a biofuel factory in Kula, in northern Serbia, the Kula city government has said.
read more... 23/06/2020
Denmark cements plans for 5 GW of energy islands, 1 GW offshore wind
The Danish parliament has approved a climate act that, among others, will pave the way for the establishment of two energy islands and an offshore wind farm of around 1 GW.
read more... 23/06/2020
Sunny side up: Poland’s solar energy output soars
Poland’s expected solar energy output is to peak at 8 gigawatt (GW) by 2025 and possibly place the country in the EU’s top 10, according to the latest report by the Renewable Energy Institute (IEO in Polish).
read more... 22/06/2020