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Germany, Italy support new hydrogen-ready pipeline project

German Chancellor Olaf Scholz said on Thursday he is pleased that Italy and Germany have agreed to push ahead with work on the construction of a pipeline to transport gas and hydrogen between the two countries.

read more... 12/06/2023

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EU to try again for renewable energy deal after nuclear row

European Union countries will try again next week to pass a deal on new renewable energy targets, which have been stalled by concerns from France and other states that the law sidelines nuclear energy.

read more... 12/06/2023

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EU plans strategy to scale up investment in capturing CO2 emissions

The European Commission is working on plans to speed up investment in capturing and storing carbon dioxide emissions, it said on Friday, as the bloc prepares to slash its net greenhouse gas emissions to zero by 2050.

read more... 12/06/2023

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Daily (09.06.2023): Oil prices tumbled following a turbulent session on Thursday

Oil prices tumbled following a turbulent session on Thursday after reports, later denied by the White House, of an imminent agreement between the US and Iran on oil sanctions. Brent crude dropped by 1.3% to settle at $75.96 a barrel. Meanwhile, WTI crude declined by about 2% closing at $71.29 a barrel.

read more... 09/06/2023

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France says nuclear power is ‘non-negotiable’

French nuclear power is “an absolute red line” and non-negotiable, Finance Minister Bruno Le Maire said Thursday (8 June), following Franco-German disagreements over the role of nuclear energy in Europe.

read more... 09/06/2023

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