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BP, Orsted reach deal over overlap of UK Endurance CCS, Hornsea windfarm sites
BP and Orsted have resolved a dispute over an overlapping zone in the UK North Sea between the BP-led Endurance carbon capture project and the Danish firm's planned Hornsea 4 windfarm, the companies said in a letter published by UK authorities.
read more... 22/06/2023
Daily (21.06.2023): European carbon prices soared to a two-month high on Tuesday ahead of June options contract expiry
Oil prices retreated slightly on Tuesday, despite a key interest rate cut in China designed to boost demand, as investors focused on the country's fragile economic health. Thus, WTI crude settled at $71.19 a barrel, while Brent crude ended at $75.90 a barrel.
read more... 21/06/2023
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Swedish parliament passes new energy target, easing way for new nuclear power
Sweden's parliament on Tuesday adopted a new energy target, giving the right-wing government the green light to push forward with plans to build new nuclear plants in a country that voted 40 years ago to phase out atomic power.
read more... 21/06/2023
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UK Government to backtrack on new coal mine ban
The UK Government will backtrack on plans to include a ban on opening new coal mines in its updated Energy Bill currently moving through Parliament, the BBC reports.
read more... 21/06/2023
EU renewable H2 definition to enter into force in July
The EU's delegated act defining renewable hydrogen is bound to enter into force next month, after it was published in the bloc's official journal on 20 June.
read more... 21/06/2023