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Australia, Germany fund joint hydrogen ventures

Australia and Germany have announced funding of around $90mn for hydrogen projects under their joint venture first unveiled in September 2020.

read more... 09/03/2022

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Daily (08.03.2022): Oil crude prices hit 10-year highs on Monday due to potential ban on Russian oil imports by western nations

Oil prices continued their bullish evolution on Monday. Concerns over a potential ban on Russian oil imports by western nations and no major progress in Ukraine negotiations boosted prices. Consequently, Brent crude surged by 4.3% to settle at $123.21 a barrel. At the same time, WTI crude ended 3.2% higher at $119.40 a barrel.

read more... 08/03/2022

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Denmark pledges independence of Russian gas

The Danish government has agreed with main opposition parties to become independent from Russian gas imports amid the intensification of the war in Ukraine, it said on Sunday.

read more... 08/03/2022

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Bavarian minister calls for EUR 100bn renewables spending in Germany

Germany should inject EUR 100 billion (USD 109.3bn) to accelerate the expansion of green power in order to ensure its energy independence, according to Bavaria's energy minister Hubert Aiwanger.

read more... 08/03/2022

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Ukraine crisis: Vestas plans to halt four wind projects in Russia

Danish turbine manufacturer Vestas plans to stop four Russian wind projects in response to the country’s invasion of Ukraine, Danish newspaper Ekstra-Bladet reported citing company spokesperson.

read more... 08/03/2022

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