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Daily (19.04.2024): Energy complex recovered on Thursday amid persisting geopolitical concerns
Brent crude declined for the fourth straight session on Thursday, influenced by stability in the Middle East and potential actions by the US government to stabilize oil prices. Brent crude closed at $87.11 per barrel, while WTI crude remained unchanged at $82.73 per barrel.
read more... 19/04/2024
France unveils 55 ‘turnkey’ sites for clean industry
On Tuesday 16 April, the French government unveiled the list of the first 55 new sites it is making to host green industries.
read more... 19/04/2024
UK offshore wind industry unveils growth plan
The UK’s offshore wind sector is preparing for significant expansion with the introduction of an Industrial Growth Plan (IGP) by RenewableUK, the Offshore Wind Industry Council, and The Crown Estate.
read more... 19/04/2024
Daily (18.04.2024): Oil prices tumbled by over 3% on Wednesday, weighed by rising US inventories and easing war fears
Oil prices tumbled on Wednesday, dragged down by signs of restraint from Israel in its response to the Iranian attack, as well as a further unexpected jump in US crude inventories. Consequently, Brent crude stood at $87.29 a barrel, while WTI crude reached $82.69 a barrel, with both contracts dropping by around 3% day-on-day.
read more... 18/04/2024
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Poland to raise cap on power prices, cut subsidies costs
The maximum power price for Polish households will be set at 500 zlotys ($123) per megawatt-hour (MWh) for the second half of 2024, according to a draft bill posted on the government's website late on Tuesday, up from 412 zlotys per MWh currently.
read more... 18/04/2024