Copenhagen Infrastructure Partners is planning to build an artificial island for renewable hydrogen production in the North Sea, backed by 10 GW of offshore wind, the company said May 20.
read more... 23/05/2022
Oil prices rebounded on Thursday after two days of losses, back by dollar weakness and expectations that China could ease export curbs, boosting demand. As a result, Brent crude rose by 2.7% to $112.04 per barrel.
read more... 20/05/2022
European Union negotiators on Thursday (19 May) agreed on mandatory gas storage obligations for EU countries, aiming for the the bloc’s storages to be at least 85% full by 1 November 2022.
read more... 20/05/2022
French utility EDF said on Thursday it was pushing back the start date on its Hinkley Point C nuclear reactor to June 2027 and now estimated project costs in the range of 25 billion to 26 billion pounds ($31 to $32 billion).
read more... 20/05/2022
The European Commission submitted on Wednesday (18 May) a €300 billion plan to eliminate Russian energy imports by 2027, although it admitted this would require short-term investments in new fossil fuel infrastructure to replace imports of Russian oil and gas.
read more... 20/05/2022