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Eni pledges to cut emissions by 80% in clean energy drive

Italian energy group Eni promised to cut its greenhouse gas emissions by 80% by 2050 and invest more in renewable energy as it steps up its pivot to cleaner energy.

read more... 28/02/2020

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Dutch trio plans 10-GW offshore wind hub for green hydrogen

Energy giant Royal Dutch Shell Plc, gas grid operator Gasunie and port operator Groningen Seaports have teamed up in an ambitious renewable hydrogen project in the north of the Netherlands.

read more... 28/02/2020

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Daily (27.02.2020): British gas prices jumped on Wednesday, spurred by colder weather and an undersupplied system

Crude oil futures collapsed to their lowest level in more than a year on Wednesday amid mounting concerns that the higher number of new coronavirus cases in Europe and the Middle East would hamper oil demand around the world.

read more... 27/02/2020

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TurkStream delivers over 500 mcm of gas to Europe via Turkey

Russia transferred over 500 million cubic meters (mcm) of natural gas to Europe from Turkey via the TurkStream natural gas pipeline during its first month of operations in January 2020, industry sources said Wednesday.

read more... 20/02/2020

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European gas prices set to slump

Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.

read more... 19/02/2020

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