Crude oil prices rebounded to some extent on Monday but remained under pressure after Japan said it was considering releasing oil reserves and as the COVID-19 situation in Europe deteriorated, raising concerns about both oversupply and weak demand. The gains were attributed to new rumors that the OPEC countries, especially Saudi Arabia, are reconsidering the production agreement they reached a few weeks ago, if the US and China indeed release oil reserves
read more... 23/11/2021
Sweden-based renewable energy developer OX2 has signed an agreement to build and sell a 455MW onshore wind farm in Lestijärvi, Finland, to a consortium of Finnish energy companies for Skr6.5bn ($732m).
read more... 23/11/2021
Negotiators from almost 200 governments have reached a final deal on the rules governing the international trade of emissions reduction units after six years of haggling that had held up the Paris Agreement rulebook.
read more... 15/11/2021
Italian oil-and-gas major Eni SpA (BIT:ENI) has entered into agreements with Norway’s Equinor ASA (NYSE:EQNR) and UK’s SSE Renewables to acquire a 20% stake in the 1.2-GW Dogger Bank C offshore wind project in UK waters, the trio said in separate announcements on Tuesday.
read more... 03/11/2021
France is working on a plan to facilitate industrial consumers' access to power purchase agreements (PPAs) with renewable power plant developers, likely to be implemented next year.
read more... 15/09/2021