Recent Posts

Higher power bills for Germans on exit from nuclear energy

  Bloomberg Germans already footing the second-highest electricity bills in Europe may face even higher costs from the country’s decision to exit nuclear power early next decade. While there’s no risk of blackouts, costs could rise if transmission gaps emerge, according to Germany’s Bnetza regulator. Europe’s biggest power market is closing its last atomic plants in 2022 and is counting ...

Read More »

Oil holds gains as US crude stockpiles extend decline

  Bloomberg Oil held gains before government data forecast to show US crude stockpiles fell for a fifth week, further reducing an inventory surplus. Futures were little changed in New York, having recovered 6.3 percent since slumping to a five-month low on May 5. Stockpiles probably dropped by 2 million barrels last week, according to a Bloomberg survey before Energy ...

Read More »

Cleaner fuel hoard to rise on fight against pollution

  Bloomberg The amount of clean fuel that’s stored across the globe is set to increase as governments tackle pollution, according to the biggest independent storage-tank operator in the world. Royal Vopak NV sees consumption for cleaner energy increasing, and is changing its investment strategy to reflect that, Chief Executive Officer Eelco Hoekstra said in an interview in Kuala Lumpur. ...

Read More »
Send this to a friend