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TotalEnergies and Galp forge alliance on offshore wind in Portugal
European energy companies TotalEnergies and Galp have partnered to explore potential offshore wind opportunities in Portugal.
read more... 22/06/2023
Engie bets on Korean demand with $7 bln Oman green ammonia project
French energy company Engie was awarded a land parcel in Oman on Wednesday, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.
read more... 22/06/2023
BP, Orsted reach deal over overlap of UK Endurance CCS, Hornsea windfarm sites
BP and Orsted have resolved a dispute over an overlapping zone in the UK North Sea between the BP-led Endurance carbon capture project and the Danish firm's planned Hornsea 4 windfarm, the companies said in a letter published by UK authorities.
read more... 22/06/2023
Daily (21.06.2023): European carbon prices soared to a two-month high on Tuesday ahead of June options contract expiry
Oil prices retreated slightly on Tuesday, despite a key interest rate cut in China designed to boost demand, as investors focused on the country's fragile economic health. Thus, WTI crude settled at $71.19 a barrel, while Brent crude ended at $75.90 a barrel.
read more... 21/06/2023
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Swedish parliament passes new energy target, easing way for new nuclear power
Sweden's parliament on Tuesday adopted a new energy target, giving the right-wing government the green light to push forward with plans to build new nuclear plants in a country that voted 40 years ago to phase out atomic power.
read more... 21/06/2023