Latest news
Northvolt to build ‘Europe’s largest’ battery factory
Swedish lithium-ion manufacturer Northvolt has announced it will invest $200 million (£142m) in building what is claimed to be Europe’s largest battery facility.
read more... 23/02/2021
Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive
Qatar Petroleum’s recently set a new record for the largest LNG export project ever. By 2026, the country will once again become the world's largest supplier of liquefied natural gas by overtaking Australia. The signing of the contract was delayed for a year due to economic uncertainty as a direct consequence of the Covid-19 pandemic. With the mega-expansion, the market could be oversupplied for years and the feasibility of other projects that are awaiting their investment decision could be in jeopardy.
read more... 23/02/2021
Daily (22.02.2021): Crude oil prices fell by 2% on Friday amid profit-taking and resumption of US crude supply
Crude oil prices lost ground on Friday, weighed by profit-taking after breaking new records in more than a year. Furthermore, investors anticipated a partial recovery of crude production in the United States. As a result, Brent oil ended 1.6% lower at $62.91 a barrel, while WTI crude lost 2.1% to settle at $59.24 a barrel.
read more... 22/02/2021
Average prices rise in French large-scale solar tender, 452 MWp awarded
The French government has allocated 452 MWp of capacity in its latest tender for utility-scale solar projects in which the average price rose by 4.7% from the previous call.
read more... 22/02/2021
Israel to link Leviathan gas field to Egypt LNG plants
The Israeli and Egyptian energy ministers have agreed to build a pipeline to connect Israel’s offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.
read more... 22/02/2021