Latest news
.png)
Daily (12.05.2022): Brent crude spiked by 5% on Wednesday on worries about supply
Brent oil prices increased on Wednesday by 4.9% to $107.51 per barrel amid a pending European Union ban on oil from Russia, that could further tighten global supplies is underpinning prices.
read more... 12/05/2022
Norway to ramp up offshore wind in drive to go green
Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.
read more... 12/05/2022
German government agrees on law to speed up LNG terminal construction
The German government has submitted a legislative proposal to speed up the permitting process and construction of onshore and floating liquified natural gas (LNG) terminals, as well as the necessary pipelines to connect them to the grid.
read more... 12/05/2022
.jpg)
EU Commission considering higher renewable energy target for 2030
The European Commission is looking to increase the EU’s renewable energy target for 2030 as part of plans due next week, which also include faster permitting rules for new projects and a solar strategy that could make rooftop solar mandatory for all new buildings, according to leaked proposals seen by EURACTIV.
read more... 12/05/2022
Daily (11.05.2022): The price of Brent crude oil decreased for the third consecutive day
The price of Brent crude oil decreased for the third consecutive day due to the lack of an EU resolution on a restriction on Russian imports. As a result, on Tuesday, the price fell by 3.3% to $102.46 per barrel.
read more... 11/05/2022