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Norway Expands Arctic Oil Exploration
Norway has awarded four new exploration licenses in frontier Arctic areas as it looks to support its oil and gas industry, as well as value and job creation, the Ministry of Petroleum and Energy said on Wednesday.
read more... 24/06/2021
EU industry hands Brussels headache over carbon border levy
Brussels policymakers, about to unveil the world's first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts' warnings that doing so could expose the EU to legal challenges at the WTO.
read more... 22/06/2021
UK in discussions for more gigafactories to ensure battery supply
The UK government is reportedly in discussions with a number of companies regarding the construction of gigafactories to ensure enough battery manufacturing capacity for the British automotive industry to meet future electric vehicle demand.
read more... 18/06/2021
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Vitol boss warns of oil supply 'gap' in 2025-2035 as upstream spending ebbs
The world faces a potential global oil supply shortage over the coming decade as the pullback from fossil fuels project by parts of the industry creates a gap with expected demand, Russell Hardy, CEO of commodity trader Vitol, said June 15.
read more... 16/06/2021
EU countries clash over scale of future hydrogen imports
The EU has historically been a major energy importer, with a majority of its oil and gas coming from Russia or the Middle East. Now, as Europe decarbonises its industry, some countries fear it could increasingly become dependent on imported hydrogen.
read more... 15/06/2021