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Norway-German H2 pipeline hinges on demand: Equinor

Norway and Germany have renewed a commitment to the idea of a hydrogen pipeline, but Norwegian state-owned Equinor expects the link will come in a secondary stage of development as it is focused on hydrogen production in mainland Europe as a first step.

read more... 25/04/2024

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Daily (24.04.2024): Crude oil prices rose by about 2% on Tuesday amid weaker dollar

On Tuesday, oil prices rebounded as the U.S. dollar index dropped to its lowest point in over a week, with investors redirecting their attention from tensions in the Middle East to the condition of global economies. Brent crude increased by 2% to $88.42 per barrel, while WTI crude also rose by 2%, reaching $83.36 per barrel.

read more... 24/04/2024

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IEA sees electric car boom displacing up to 12 million b/d of oil by 2035

The International Energy Agency raised April 23 its estimates for global oil demand displacement from booming sales of electric vehicles citing growing policy impetus in key markets.

read more... 24/04/2024

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Enagas to present Spanish hydrogen grid plan as regulatory talks advance

Spain's Enagas expects to present its proposal for a national hydrogen network in the coming days, following confirmation of its inclusion as a European Project of Common Interest, senior management said April 23.

read more... 24/04/2024

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Egypt to halt all LNG exports from May to meet domestic needs

Egypt has halted all LNG exports from May onwards to meet is domestic needs, according to local media, in light of reduced gas production and heightened summer demand.

read more... 24/04/2024

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