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Norway's Equinor, partners submit development plan for Halten East gas project
Norway's state-controlled Equinor and its partners in the Halten East gas project have submitted the relevant development plan, which will see first production from the cluster of discoveries in 2025.
read more... 26/05/2022
Spain’s Iberdrola to invest $3.2 bln in green hydrogen
Spanish clean energy company Iberdrola will invest €3 billion ($3.2 billion) in green hydrogen to accelerate the European Green Deal.
read more... 26/05/2022
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Finland needs to build more power capacity
Finland needs to build more power generation and continue nuclear investment following the loss of Russian energy imports, said the head of the Finnish Energy Industries Association.
read more... 26/05/2022
Daily (25.05.2022): Near-term gas prices fell substantially on Tuesday due to continued gas flows to Europe
After strong gains on Monday, oil prices stabilised on Tuesday as fears about constrained supply outweighed worries about a possible recession and China's COVID-19 restrictions. Brent crude edged 14 cents higher at $113.56 a barrel. WTI crude fell by 52 cents to $109.77 a barrel.
read more... 25/05/2022
Britons warned energy bills could jump another 40% in October
Household energy bills in Britain look set to surge by another 40% in October, the industry regulator warned on Tuesday, deepening a cost-of-living crisis that is piling pressure on the government to do more to help the poorest.
read more... 25/05/2022