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Mallorca green hydrogen project adds Acciona to its many partners

Existing members include Enagas, Hydrogenics, Cemex, and the Instituto para la Diversificacion y Ahorro de la Energia.

read more... 08/01/2021

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Daily (07.01.2020): Oil prices ended at their highest levels since February after a surprise Saudi output cut

Oil prices continued to climb on Wednesday, hitting the highest levels since late February 2020 after Saudi Arabia announced a major cut in black gold production. Meanwhile, a larger-than-expected US crude inventory draw added further support to oil prices. Hence, Brent crude rose by 70 cents, or 1.3%, to settle at $54.30 a barrel. U.S. WTI crude settled 70 cents higher, or 1.4%, to end at $50.63 a barrel.

read more... 07/01/2021

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Power flows with UK ‘less efficient’ since Brexit

Additional red tape and customs declarations means electricity will no longer flow as smoothly as it used to when the UK was a full member of the European Union, leading to “increased costs of energy trading,” an EU spokesperson told EURACTIV.

read more... 07/01/2021

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Sales of battery-electric vehicles in Germany triple in 2020

Sales of battery-electric vehicles in Germany increased three-fold to more than 194,000 units in 2020, the country's road-traffic regulator said on Wednesday, citing the appeal of a more diversified product offering and of more reliable technology.

read more... 07/01/2021

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U.S. says BP pays $24.4 mln but challenges natgas manipulation fine in court

The U.S. Federal Energy Regulatory Commission (FERC) alleged BP violated the Natural Gas Act by manipulating the next-day gas market at Houston Ship Channel from mid-September through Nov. 30, 2008.

read more... 07/01/2021

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