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Italy seeks 6 billion euros from REPowerEU plan, more time to spend COVID funds

Italy is in talks with European Union authorities to secure at least 6 billion euros ($6.33 billion) under the so-called REPowerEU plan to completely wean itself off Russian gas and boost efforts to make its economy more green, sources said.

read more... 28/02/2023

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Serbia to invest 100 mln euro in oil pipeline with Hungary

Serbia plans to invest 100 million euro ($108 million) in the construction of an oil pipeline to Hungary which will help diversify the country's energy sources, the energy ministry said on Thursday.

read more... 10/02/2023

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France in new row with Germany and Spain over nuclear-derived hydrogen

A new row has erupted between France, Germany and Spain over nuclear energy, with Paris furious about a lack of support from Berlin and Madrid for its efforts to have nuclear-derived hydrogen labelled as 'green' in EU legislation, sources said.

read more... 09/02/2023

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Daily (26.01.2023): European carbon allowances soared on Wednesday after the strongest UKA auction in a year.

Oil prices were steady on Wednesday as US crude inventories rose less than expected, while the upcoming EU embargo on Russian refined products remains a major source of concern for the market. As a result, Brent crude oil went slipped to $86.12 a barrel, while WTI Crude settled at 80.15 USD/bbl.

read more... 26/01/2023

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Stellantis, Vulcan Energy to develop renewable energy assets in Germany

Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.

read more... 18/01/2023

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