Latest news
UK poised to award first green hydrogen subsidies following Labour budget
The UK is preparing to award GBP2.3 billion ($3 billion) in revenue support to 11 green hydrogen projects totaling 125 MW, after the finance ministry confirmed the funding in the new Labour government's first budget on Oct. 30.
read more... 01/11/2024
Czech watchdog rejects appeals in nuclear power tender
The Czech anti-monopoly office UOHS on Thursday rejected appeals by Westinghouse and EDF against a tender that chose South Korea's KHNP as preferred bidder to build new nuclear power units in the Czech Republic.
read more... 01/11/2024
.jpg)
EU in 'strong position' to keep gas supply, prices stable this winter
The EU is in a "strong position" to keep gas supplies and prices stable this winter, with gas storage sites more than 95% full, EU energy commissioner Kadri Simson said Oct. 31.
read more... 01/11/2024
Daily (31.10.2024): Oil prices rose by 2% on strong U.S. demand expectations and OPEC's potential response
Oil prices increased gained over 2% on Wednesday, bolstered by sustained U.S. demand and speculation that OPEC may take action to stabilize the market. Brent crude closed at $72.55 per barrel, while WTI crude settled at $68.61 per barrel.
read more... 31/10/2024
UK increases windfall tax on North Sea oil producers
The British government will increase a windfall tax on North Sea oil and gas producers to 38% from 35% and extend the levy by one year, finance minister Rachel Reeves announced on Wednesday.
read more... 31/10/2024