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Uniper, Port of Rotterdam mull green hydrogen plant

Maasvlakte, a man-made site on the Dutch North Sea coast, is the gateway to Rotterdam, the biggest bunkering port in Europe. From there, hydrogen could be supplied by pipeline to major industrial complexes in North Rhine-Westphalia, Germany.

read more... 10/02/2021

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Novatek sees LNG supply shortfall by 2030

LNG supply could fall short by about 150mn t/yr by the end of this decade without additional FIDs, an issue that "needs to be addressed", Novatek chief financial officer Mark Gyetvay said at the virtual European Gas Conference.

read more... 10/02/2021

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Daily (09.02.2021): Oil prices ended at their highest levels since January 2020 amid supply cuts, stimulus optimism

Crude oil futures rallied to their highest levels since January 2020 amid Saudi Arabia’s extra supply cut from February, U.S. stimulus hopes and dollar weakness. Hence, Brent crude for April delivery soared by $1.22, or 2.1%, to close at $ 60.56 a barrel. U.S. WTI crude increased by $1.12, or 2%, to settle at $57.97 a barrel.

read more... 09/02/2021

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bp and EnBW selected as preferred bidders for 3GW offshore wind in Irish Sea

bp and German energy company Energie Baden-Wuerttemberg AG (EnBW), have been awarded two offshore wind farm leases in the Irish Sea, with a total capacity of 3GW.

read more... 09/02/2021

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India to be largest source of energy demand growth to 2040

India will make up the biggest share of energy demand growth at 25% over the next two decades, as it overtakes the European Union as the world’s third-biggest energy consumer by 2030, the International Energy Agency (IEA) said.

read more... 09/02/2021

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