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Franco-German lawmakers want to revive energy cooperation between the EU powerhouses

The Franco-German parliamentary assembly is set to adopt a declaration advising Paris and Berlin to mend their differences in energy policy and begin moving on hydrogen and geothermal.

read more... 20/05/2024

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Daily (17.05.2024): Gas prices recovered on Thursday amid scheduled Norwegian maintenance and reduced LNG arrivals

Oil prices rose on Thursday, bolstered by a decline in U.S. crude inventories and the anticipation of a rebound in gasoline demand in the coming weeks in the United States. Thus, Brent crude rose by 0.6% to settle at $83.27 per barrel. WTI crude traded around 1% higher to close at $79.23 per barrel.

read more... 17/05/2024

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UK offshore wind investment to hit £15bn a year by 2030

A new report by Offshore Energies UK (OEUK) outlines significant opportunities and challenges for the expansion of offshore wind energy in the UK.

read more... 17/05/2024

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Honda doubles EV investment to $64B, fleshes out 7 new models in 0 Series

Honda is doubling its investment in electric vehicles to $64 billion through the end of the decade to slash the cost of producing its next-generation EVs, bring battery production inhouse and speed up its rollout of a new range of seven profitable EVs by 2030.

read more... 17/05/2024

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UK planning to build new nuclear reactor in Scotland

The Scottish government maintains a ban on new nuclear power stations, focusing instead on renewable energy investments.

read more... 17/05/2024

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