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British utility SSE to exit Scotia Gas stake for $1.70 bln

Britain's SSE (SSE.L) on Monday agreed to sell its entire 33.3% stake in Scotia Gas Networks for 1.225 billion pounds ($1.70 billion) to a Canadian consortium of Ontario Teachers' Pension Plan Board and Brookfield Super-Core Infrastructure Partners.

read more... 02/08/2021

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Dutch govt grants $2.4 billion in subsidies to huge carbon storage project

The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world, the Port of Rotterdam said on Sunday.

read more... 11/05/2021

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Consortium urges EU to end sales of diesel and petrol car sales by 2035

A consortium of industry leaders has called on the European Commission to phase out new diesel and petrol cars and vans no later than 2035.

read more... 28/04/2021

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Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.

read more... 15/01/2021

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Nord Stream 2 postpones resumption of pipeline construction

The Russia-led Nord Stream 2 consortium will not yet resume the work to complete the subsea gas pipeline to Germany on Friday, daily Handelsblatt reported, citing a spokesman.

read more... 15/01/2021

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