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Construction of Finland's first green hydrogen plant begins
The construction of Finland's first industrial-scale green hydrogen production facility began on Friday, its future operator P2X Solutions said.
read more... 23/01/2023
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Netherlands sticks to plan to close Groningen gas field by October
The Netherlands remains convinced of the need to close production at Groningen, once one of Europe's largest gas fields, by October following earthquake risks which made it dangerous to keep operating, the Financial Times (FT) reported on Sunday citing a government official.
read more... 23/01/2023
Daily (23.01.2023): Oil prices increased by over 1% on Friday amid brighter demand outlook in China
Crude oil prices moved upwards on Friday amid the prospects of rising demand in China as the economy in the world’s biggest oil importer gradually bounces back from nearly three years of stringent Covid lockdowns despite increases in infections. Hence, Brent crude increased by $1.47, or 1.7%, to settle at $87.63 a barrel. U.S. WTI crude settled at $81.31 a barrel, gaining 98 cents, or 1.2% day-on-day.
read more... 23/01/2023
Daily (20.01.2023): Oil prices climbed to their highest close since Dec. 1 amid optimism over Chinese economic recovery
Crude oil prices increased to hit their highest levels since December 1, as the bullishness on China reopening and the demand recovery outweighed recessionary fears. Hence, Brent crude rose by $1.18, or 1.4%, to settle at $86.16 per barrel. U.S. WTI crude added 85 cents, or 1.1%, to settle at $80.33 per barrel.
read more... 20/01/2023
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Snam bets on Italy's role in Europe with higher gas investments
Gas grid operator Snam aims to boost Italy's role in the European energy system with new investments, its new CEO said on Thursday when presenting the group's plan to 2026.
read more... 20/01/2023