Latest news
Italy energy minister sees LNG terminals covering 50% of gas needs
Italy's Environment and Energy Minister Gilberto Pichetto Fratin said on Wednesday that deliveries by ship of liquefied natural gas (LNG) were a reliable source of energy that could cover 50% of the country's gas needs.
read more... 29/06/2023
Oil prices fell on Tuesday amid increased concerns of a global economic slowdown
On Tuesday, crude oil prices inched lower due to weaker macroeconomic data from China. Moreover, indications of further rate hikes in the US also weighed on prices. Hence, Brent crude dropped by 2.6% to settle at $72.26 a barrel. Meanwhile, WTI crude traded at $67.70 a barrel, declining by about 2.4% day-on-day.
read more... 28/06/2023
Italy plans to expedite green permitting
Italy’s energy ministry plans to roll out incentives in coming months to speed up approvals by local authorities for renewables developments in a bid to overcome current bottlenecks, a government source told Montel.
read more... 28/06/2023
World’s first offshore hydrogen production project yields first kilograms of green hydrogen
The offshore hydrogen production platform that Lhyfe is testing in France, named Sealhyfe, began producing its first kilograms of offshore hydrogen on 20 June after it was towed last month to the SEM-REV offshore test site which is connected to BW Ideol’s floating wind turbine Floatgen.
read more... 28/06/2023
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Renewable share of German power use climbs to 52.3% in first half
Renewable energy accounted for 52.3% of Germany's power consumption in the first six months of the year, up 3.1 points from a year earlier, on higher solar production and lower overall electricity usage, data showed on Tuesday.
read more... 28/06/2023