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Daily (05.03.2021): Oil prices soared by 4% on Thursday following the positive conclusion of the OPEC+ summit

Crude oil prices strengthened significantly on Thursday, as OPEC+ summit members concluded on a marginal increase in petroleum production. As a result, Brent oil and WTI crude both surged by 4.2% to trade at $66.74 a barrel and $63.83 a barrel, respectively.

read more... 05/03/2021

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Hidroelectrica eyes hydrogen project with Verbund

The project hopes to produce 80,000 t/yr of green hydrogen from renewable generation sources and transport the hydrogen to offtakers in central and western Europe.

read more... 05/03/2021

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Hungary brings coal exit forward by five years

The country’s last coal power plant will be shut down in 2025 instead of 2030, Hungary’s secretary of state for EU affairs announced earlier this week.

read more... 05/03/2021

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Germany receives 200 hydrogen project applications in IPCEI call

Germany's energy ministry has received around 200 hydrogen project proposals seeking funding under the Important Projects of Common European Interest (IPCEI) program, it said Feb. 25.

read more... 01/03/2021

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Netherlands built Europe’s biggest wind capacity in 2020

The Netherlands has topped the list of countries with the highest wind capacity installed in 2020.

read more... 01/03/2021

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