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Bulgaria, Greece agree to explore joint oil, gas projects
Bulgaria and Greece on Thursday signed two memoranda of understanding (MoU) to look into possibilities for the construction of an oil pipeline across their border as well as to ensure the delivery and storage of natural gas, the press office of Bulgarian president Rumen Radev said.
read more... 17/02/2023
bp plans to invest $1B in US EV charging points by 2030
British oil and gas company bp announced plans on Wednesday to invest $1 billion by 2030 into electric vehicle (EV) charge points across the US as part of its goal to expand the company's portfolio in EV charging.
read more... 17/02/2023
Daily (16.02.2023): EUAs hit a seven-session high on Wednesday, as traders are looking to liquidate their short positions
OPEC and the International Energy Agency both increased their demand forecasts for the year on Wednesday, shaking off the U.S. Energy Information Administration (EIA) report of a large increase in U.S. crude inventories, which resulted in only a slight decline in oil prices. Hence, Brent crude oil edged down at $85.38 a barrel.
read more... 16/02/2023
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Norway may tax power exports to keep domestic prices down
Norway's government said on Wednesday it would consider taxing electricity exports and impose other changes to its energy market to preserve more power for domestic use and keep a lid on prices.
read more... 16/02/2023
European Commission approves Danish scheme for renewable hydrogen
Under European Union (EU) state aid rules, the European Commission has approved a €170 million Danish scheme to support the production of renewable hydrogen through Power-to-X (PtX) technologies.
read more... 16/02/2023