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Norway's Equinor agrees to supply additional gas to UK under Centrica deal

Norway's state-controlled Equinor has agreed to supply an additional 1 Bcm/year to the UK under a new deal with UK utility Centrica, the companies said June 16.

read more... 17/06/2022

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Parliament groups strike compromise on EU carbon market reform

The European Parliament’s three biggest political groups, backed by the Greens, have reached a compromise deal on the reform of the EU’s emissions trading scheme ahead of a decisive vote in plenary next week.

read more... 17/06/2022

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Daily (16.06.2022): Oil prices fell on Wednesday as US central bank hiked interest rates

Crude oil prices pulled down on Wednesday following the US Fed’s decision to increase interest rates significantly. Hence, Brent crude decreased by 2.2% to settle at $118.51 a barrel. U.S. WTI crude fell by 3.04% to $115.31 a barrel.

read more... 16/06/2022

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Germany to require states to allocate land for wind farms

Germany's cabinet on Wednesday approved plans to require its 16 states to allocate a minimum amount of land to onshore wind farms, according to a ministry statement, as Berlin strives to meet its renewable energy targets.

read more... 16/06/2022

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GIG and Bluestone to develop battery storage projects in UK

Macquarie’s Green Investment Group (GIG) has signed a joint development agreement with UK-based renewable energy developer Bluestone Energy to develop up to 2GW worth of battery storage projects in the UK.

read more... 16/06/2022

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