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Total secures $14.4 billion funding for Mozambique LNG: sources

French energy major Total has secured $14.4 billion funding for its Mozambique liquefied natural gas project in Mozambique, two sources said on Wednesday.

read more... 22/05/2020

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EIB confirms €1bn to consolidate European battery industry

The European Investment Bank (EIB) has confirmed it will provide more than €1billion (£892m) in 2020 to support battery projects as part of the European Battery Alliance (EBA).

read more... 22/05/2020

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EDF extends Bugey 3 outage, stops other units (4.8 GW)

EDF has extended an outage at its French Bugey 3 (910 MW) reactor by 10 days to 10 June, while stopping other units for modulation, reducing total capacity by 4.8 GW, transparency data showed on Friday.

read more... 22/05/2020

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Daily (21.05.2020) European carbon prices rallied above €21 on Wednesday

Oil prices extended the bullish run on Wednesday due to a fall in U.S. crude inventories and recovering demand following the ease of lockdown measures. Brent crude settled $1.10, or 3.2%, higher at $35.75 a barrel. West Texas Intermediate futures ended $1.53, or 4.8%, higher at $33.49.

read more... 21/05/2020

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Romania’s largest gas provider set to embrace renewables

Romgaz is reportedly planning to invest in solar, wind, geothermal and biogas power projects by tendering for consultants.

read more... 21/05/2020

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