Latest news
Renewable hydrogen produced from wind in ‘world first’
French company Lhyfe claims to have produced renewable hydrogen from wind power in a ‘world first’ for the industry.
read more... 10/09/2021
Daily (09.09.2021): Oil prices gained 1.3% on Wednesday, on lasting disruptions caused by Hurricane Ida
Crude oil prices rebounded on Wednesday, as Hurricane Ida left lasting consequences on oil facilities in the Gulf of Mexico. At the same time, a lack of coronavirus related economic news lent additional support to prices. Thus, Brent oil rose by 1.3% to $72.60 a barrel and WTI crude increased by 1.4% to $69.30 a barrel.
read more... 09/09/2021
German draft law looks at H2 grid access fees
Germany's regulated hydrogen grids will be allowed a higher return on equity than the operators of gas or power grids, according to draft legislation presented today by the ministry of economic affairs and energy.
read more... 09/09/2021
North Sea oil and gas sector has decades-long energy transition role
The oil and gas sector will continue playing a role in the energy transition for "decades to come," from decarbonizing operations to capturing emissions at industrial facilities, BP production and operations head Gordon Birrell told the Offshore Europe conference Sept. 7.
read more... 09/09/2021
Europe Is Subsidizing Its Way Into Electric Vehicle Leadership
As Europe looks to lead the world in electric vehicle (EV) uptake, many governments are incentivizing the switch from traditionally-fuelled cars to electric alternatives, hoping to end the sale of petrol and diesel vehicles and get on the path to net-zero carbon emissions over the next decade. As major automotive manufacturers catch up with niche EV brands such as Tesla, Europe is ready to build up its EV market through incentives such as subsidies, free electric charging options, tax breaks, and a wide variety of EV options for consumers. Several European countries are now leading the way for EV promotion, racing to get ahead of rich Asian nations and North American competitors also looking to make the shift.
read more... 09/09/2021