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Dutch prices rise on Norway's tariff extension and outage extension
Dutch wholesale gas prices increased on Monday morning. This was supported by a prolongation of Norwegian outages, and a delayed U.S. tariff on European goods. However, activity in Britain and America was low due to the holidays. On the Intercontinental Exchange, the benchmark Dutch…
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The price of wind power is rising
European spot electricity for Tuesday delivery fell Monday, as a rise in wind power was expected to overshadow a smaller drop in solar power. LSEG data show that the German baseload electricity price for Tuesday is 71 Euros per Megawatt Hour (MWh), down 6.3% from last Monday. Data showed that the equivalent French contract was 18.50 euros/MWh.
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Palm prices rangebound due to weaker soyoil and concerns about rising production, stock levels
Malaysian palm futures were in a narrow range on Monday. They were affected by lower soyoil and rising production levels and inventories, but also supported by higher crude oil prices. The benchmark contract for palm oil delivery in August on the Bursa Derivatives exchange rose by 2 ringgit or 0.05% to 3,829 Ringgit ($908.42) per metric ton.
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Palm oil prices fall on the back of expectations for higher production and stock levels
After two sessions of gains in a row, the price of palm oil futures for Malaysia dipped on Tuesday as expectations of increased production and inventories put pressure on the market. At midday, the benchmark contract for palm oil delivery in August on the Bursa Derivatives exchange fell 27 ringgit (0.7%), to 3,806 Ringgit ($903.61) per metric ton.
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Japan is poised to amend offshore wind regulations as players get coldfeet
Insiders in the industry say that Japan will likely sweeten its terms to developers who want to build an offshore wind farm. The country is looking to re-establish its energy ambitions against a global slump of projects that have been hit by rising costs and delays. By 2040, the government wants to reach 45 gigawatts in offshore wind power…
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Databricks competitor Chalk raises $50 million series A
Chalk, an artificial intelligence infrastructure startup, announced Wednesday that it raised $50 million in Series A funding.
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German sugar refiner Nordzucker turns to South America after EU prices fall
Nordzucker, Germany's second-largest sugar refiner, forecasted a loss for its new financial period on Wednesday due to low EU sugar prices.
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Palm oil climbs due to short covering and the stronger Dalian oils
The price of Malaysian palm oils futures rose on Wednesday, for the fourth consecutive session. This was due to traders covering…
Latest news
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Japan is poised to amend offshore wind regulations as players get coldfeet
Insiders in the industry say that Japan will likely sweeten its terms to developers who want to build an offshore wind farm.
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Palm oil falls due to weaker soyoil and concerns about rising production, stock levels
Malaysian palm futures declined on Monday as lower soyoil price and concern over increasing production and inventory levels pushed the market.
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Moroccan utility ONEE awarded $340 million for energy transition
The European Investment Bank and the German state lender KfW have granted ONEE, the Moroccan water and electricity utility…
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Palm logs weekly gains, but expectations of increased output cap the rise
Malaysian palm futures closed higher on Friday and posted a weekly gain. However, expectations of increased production capped the gains.
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Mixed market trends amid tighter winds and slowing demand
The European power market was mixed on Wednesday, ahead of Ascension Day. This was partly due to the expectation of a sharply…
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German sugar refiner Nordzucker anticipates losses as EU prices remain low
Nordzucker, Germany's second-largest sugar refiner, expects a loss for its new financial period as EU sugar prices remain low.
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Palm oil rises due to short covering and Dalian oils that are stronger
The price of Malaysian palm oils futures increased on Wednesday, for the fourth consecutive session. This was due to traders…
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Financial Times - May 28
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for…
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Tokio Marine launches green units, aiming for $1 billion in revenue by 2030
Tokio Marine, a Japanese insurer, has created a unit that will insure low-carbon activities such as shipping, green hydrogen and cement.
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Italy's business lobby asks for state assistance over energy costs and US tariffs
The main Italian business lobby Confindustria demanded on Tuesday billions of euro in state aids to help companies cope with…
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Palm oil prices rise despite higher production and stock levels
Malaysian palm-oil futures closed higher on Tuesday after recovering from earlier losses, despite expectations of increased…
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Prices fall due to increased German wind supply
The European spot price fell on Tuesday as the German wind power market and a weakening French demand affected prices. LSEG…
Solar
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Wall Street stocks finish flat after choppy trading, as Treasury yields decrease
U.S. stock prices finished Thursday little changed, erasing an initial decline, as Treasury yields eased from recent highs…
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Solar stocks plunge after Trump's tax plan advances in US House
The shares of U.S. Solar companies dropped sharply on Thursday in premarket trading after the House of Representatives passed…
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China's thermal energy generation fell 2.3% on an annual basis in April
Official data released on Monday showed that thermal power generation in China fueled primarily by coal fell by 2.3% in April.
