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EU countries edge towards deal to share out emissions-cutting efforts

European Union countries are edging towards a deal on how to share the burden of cutting greenhouse gas emissions within the EU, with states poised to accept national targets proposed by Brussels last year, according to diplomats and a draft document seen by Reuters.

read more... 22/04/2022

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Portuguese-Danish-Dutch consortium plans $1.1 bln hydrogen plant in Sines

Portuguese project developer Madoqua Renewables, Danish fund manager Copenhagen Infrastructure Partners (CIP) and Dutch firm Power2X announced plans on Thursday to invest 1 billion euros ($1.09 billion) in a green hydrogen plant in Portugal.

read more... 22/04/2022

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Portugal expects deal to disconnect power prices from gas prices 'very soon'

Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday.

read more... 22/04/2022

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Daily (21.04.2022): NBP spot jumped on Wednesday as maintenance curbed Norwegian flows

Oil prices changed slightly on Wednesday as concerns about economic growth and oil demand stagnation persist. Consequently, Brent crude edged 0.4% lower at $106.80 a barrel. U. S. WTI Crude edged 0.3% lower at $102.19 a barrel.

read more... 21/04/2022

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European Commission analysing higher 45% renewable energy target for 2030

The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy by 2030, instead of its proposed 40%, to accelerate its shift from Russian fossil fuels following the invasion of Ukraine.

read more... 21/04/2022

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