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France budgets 500 mln euros annually for green industry tax credit
The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as part of a bill presented on Tuesday to green the industrial sector, Finance Minister Bruno Le Maire said.
read more... 17/05/2023
Daily (11.05.2023): Oil prices retreated on Wednesday amid an unexpected increase in U.S. commercial crude oil reserves
Oil prices retreated on Wednesday on the back of an unexpected increase in U.S. commercial crude oil reserves. The impasse over the U.S. debt ceiling also began to worry markets, further weighing on prices. Thus, Brent crude lost 1.3% to settle at $76.41 a barrel. WTI crude dropped by around 1.6% to $72.56 a barrel.
read more... 11/05/2023
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Norway’s Surprise Natural Gas Nationalization Plan Even Broader Than Expected
Norway’s plan to nationalize natural gas assets includes more than just Gassled’s natural gas pipelines, new information revealed in a letter from the Norwegian energy minister showed on Friday.
read more... 08/05/2023
Multinational consortium to build hydrogen hub in German port city
Agroup of seven German energy firms are collaborating to build 10GW of green hydrogen generation capacity by 2030. The deal aligns with Germany’s hydrogen targets for the same period.
read more... 26/04/2023
EU launches first cross-border renewables support scheme
The EU’s first cross-border renewables support scheme opened on Tuesday with a call for solar photovoltaic projects in Finland that will also help Luxembourg meet its renewable targets.
read more... 20/04/2023