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Norway Expands Arctic Acreage for Oil and Gas Drilling in Mature Areas
Norway is expanding the acreage in the Barents Sea and the Norwegian Sea, for which companies vying for licenses in mature areas can bid this year, the energy ministry of Western Europe’s largest oil and gas producer said on Wednesday.
read more... 09/05/2024
EU needs more hydrogen auctions to reach target
Europe will need more auctions and more support for hydrogen projects to achieve a 2030 target following the modest results of a tender last week, project developers said on Wednesday.
read more... 09/05/2024
Poland Set to Accelerate Energy Transition
The biggest state utilities in Poland are preparing for a surge in clean energy investments in 2025, hoping that the government would move ahead with a plan to spin off coal assets that have been restricting the companies’ access to financial markets, executives told Bloomberg this week.
read more... 09/05/2024
Daily (08.05.2024): European year-ahead power prices fell by 2% on Tuesday
Oil prices ended slightly down but close to equilibrium on Tuesday. The market is eagerly anticipating the possibility of a ceasefire in the Middle East, yet optimism has waned somewhat following indications that the latest proposal may have faltered. Hence, Brent crude settled at $83.16 per barrel, and WTI crude was stable at $78.38 per barrel.
read more... 08/05/2024
Nuclear site licence issued for UK's Sizewell C
The Office for Nuclear Regulation (ONR) has granted a nuclear site licence for the Sizewell C site in eastern England, where the plan is to replicate the Hinkley Point C model of a nuclear power plant featuring two EPRs.
read more... 08/05/2024