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RWE unveils plans to invest more than €50bn in energy transition by 2030
German energy giant RWE has outlined plans to invest more than €50bn ($54.9bn) in the energy transition by 2030.
read more... 23/06/2023
Daily (22.06.2023): European carbon prices recorded their biggest intraday decline in three months
Oil prices gained momentum on Wednesday, ahead of weekly data on US crude inventories. Unshaken by the Fed chairman's comments on further U.S. interest rate hikes, WTI crude rose by around 2% to settle at $72.53/barrel, while Brent crude ended at $77.12/barrel, posting a 1.6% day-on-day gain.
read more... 22/06/2023
TotalEnergies and Galp forge alliance on offshore wind in Portugal
European energy companies TotalEnergies and Galp have partnered to explore potential offshore wind opportunities in Portugal.
read more... 22/06/2023
Engie bets on Korean demand with $7 bln Oman green ammonia project
French energy company Engie was awarded a land parcel in Oman on Wednesday, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.
read more... 22/06/2023
BP, Orsted reach deal over overlap of UK Endurance CCS, Hornsea windfarm sites
BP and Orsted have resolved a dispute over an overlapping zone in the UK North Sea between the BP-led Endurance carbon capture project and the Danish firm's planned Hornsea 4 windfarm, the companies said in a letter published by UK authorities.
read more... 22/06/2023