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Denmark awards first CO2 storage licences in the North Sea

Denmark has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies, the country's climate and energy ministry said on Monday.

read more... 07/02/2023

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UK energy support schemes' cost halved as mild winter tames prices

Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as a mild winter softened energy costs.

read more... 07/02/2023

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Daily (06.02.2023): Oil prices fell on Friday, amid high US inventories and a gloomy economic outlook.

Oil prices decreased on Friday, amid rising US crude inventories and a gloomy economic outlook. A further potential rise in US interest rates also weighed on prices. Consequently, Brent crude fell by almost 3% to $79.94 a barrel and WTI oil dipped by 3.3% to $73.39 a barrel.

read more... 06/02/2023

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Belgium considers keeping oldest nuclear power stations running

The Belgian government is considering keeping its three oldest nuclear power stations running two more years than currently planned, Belgium's Energy ministry said on Friday.

read more... 06/02/2023

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Portugal to speed up first offshore wind auction amid strong investor interest

Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process aiming for a third quarter launch.

read more... 06/02/2023

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