Latest news
Germany, Norway agree tentative plan to build hydrogen pipeline link
With Europe planning to end its reliance on Russian gas as quickly as possible, Norway, the second-largest gas exporter to the EU, “wants to actively contribute to the rapid development of the hydrogen market in Germany” and on the continent.
read more... 18/03/2022
.jpg)
Lawmakers urge Brussels to ditch green label for gas in EU taxonomy
A group of 102 lawmakers in the European Parliament have called on the European Commission to withdraw its proposal to include fossil gas in the EU’s green finance taxonomy, saying Russia’s invasion of Ukraine has rendered the proposal obsolete.
read more... 18/03/2022
Berlin to spend EUR 203bn to speed up energy transition
Berlin aims to fund the German energy transition and climate protection measures with EUR 203bn by 2026, an increase of EUR 86bn, to reduce its dependency on Russian energy supplies, Germany’s economy ministry said late on Wednesday.
read more... 18/03/2022
Daily (17.03.2022): Oil prices lost around 1.5% on Wednesday, following news that ceasefire talks between Russia and Ukraine might be reaching a compromise
Crude oil prices continued to fall on Wednesday, weighed by concerns of a slowdown in demand for black gold and optimism regarding ceasefire talks between Russia and Ukraine. As a result, Brent oil lost 1.9% at $98.02 a barrel and WTI crude decreased by 1.5% to $95.04 a barrel.
read more... 17/03/2022
EU to subsidise household fuel prices surging amid Ukraine crisis
EU finance ministers agreed on Tuesday (15 March) to subsidise household fuel prices and offer support to companies hit by surging energy prices as a result of Russia’s invasion of Ukraine, French Finance Minister Bruno Le Maire said.
read more... 17/03/2022