Latest news
Engie bets on Korean demand with $7 bln Oman green ammonia project
French energy company Engie was awarded a land parcel in Oman on Wednesday, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.
read more... 22/06/2023
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Swedish parliament passes new energy target, easing way for new nuclear power
Sweden's parliament on Tuesday adopted a new energy target, giving the right-wing government the green light to push forward with plans to build new nuclear plants in a country that voted 40 years ago to phase out atomic power.
read more... 21/06/2023
EU countries fail to agree energy reforms after coal subsidy clash
European Union countries failed on Monday to agree on planned new rules for the bloc's power market, having clashed over a proposal to extend subsidies for coal plants under the reform, and a push to expand state aid for other power plants.
read more... 20/06/2023
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EU to vote on extension for coal subsidies beyond 2025 Monday
European Union countries are considering a proposal that would let member states prolong capacity mechanism support for coal plants by ducking CO2 emission limits, a draft document seen by Reuters showed.
read more... 19/06/2023
EU tries to pass renewable energy deal, sources say ammonia exception eyed
EU countries hope to pass a deal on new renewable energy targets on Wednesday and are considering options including an exemption for certain ammonia plants, in an attempt to win over countries sceptical of the final law, diplomatic sources said.
read more... 14/06/2023