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Iberdrola generates power at giga battery plant in Portugal
Spanish energy company Iberdrola has connected the first power unit at its Tâmega hydroelectric and pumped storage giga battery plant in Portugal.
read more... 01/02/2022
TotalEnergies aims to restart $20 billion Mozambique LNG project in 2022
TotalEnergies CEO Patrick Pouyanne said on Monday the French firm aimed to restart a $20 billion liquefied natural gas (LNG) project in the north of Mozambique that was halted by an insurgent group with links to Islamic State almost a year ago.
read more... 01/02/2022
Daily (31.01.2022): Energy markets were in disarray on Friday, influenced by escalating tensions between Ukraine and Russia
Crude oil prices increased slightly on Friday, amid extended risks to crude supply due to escalating geopolitical tensions between Ukraine and Russia. Thus, Brent oil rose by 0.8% to $90.03 a barrel and WTI crude edged 0.2% higher at $86.82 a barrel.
read more... 31/01/2022
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UK nuclear decommissioning plan could deliver savings, but risks remain
The UK’s new funding arrangements for the decommissioning of seven of its advanced gas-cooled reactor (AGR) nuclear power plants could deliver savings but "financial risks" remain and its success "will ultimately depend on the relevant parties working collaboratively", says the UK spending watchdog the National Audit Office (NAO).
read more... 31/01/2022
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France's Engie says has stockpiled enough gas to cope with potential disruption
French energy producer Engie has stockpiled more gas than on average in order to cope with any potential supply disruption with Russian gas imports, it said on Friday.
read more... 31/01/2022