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EU matches 12bcm in second round of joint gas buying

The EU’s new joint gas buying platform matched 11.98bcm of sales offers and demand for delivery from August 2023-March 2025 in its second tendering round, European Commission vice president Maros Sefcovic said on Thursday.

read more... 14/07/2023

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Global energy demand to rise 23% by 2045

Global demand for all forms of energy is forecast to rise by 23% through 2045, OPEC Secretary General Haitham Al Ghais told a Nigerian oil and gas conference on Tuesday.

read more... 12/07/2023

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Daily (07.07.2023): British gas prices fell on Thursday amid continuing high stock level

Crude oil prices ended rather flat on Thursday as the combined production cuts from Saudi Arabia and Russia were offset by a possible U.S. interest rate hike. Moreover, economic data concerns from Eurozone and China weighed on price. Hence, Brent crude edged 0.2% lower at $76.52 a barrel. Meanwhile, WTI crude almost closed unchanged at $71.80 a barrel.

read more... 07/07/2023

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Portugal doubles 2030 goals for solar and hydrogen capacity

Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolysers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by 2040 and possibly become carbon neutral by 2045.

read more... 04/07/2023

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Spain raises bet on green hydrogen, biogas in draft plan

Spain will double its 2030 biogas production target and almost triple its green hydrogen goal as part of a broad upgrade of its energy and climate ambitions, a draft of the government's strategy showed on Wednesday.

read more... 30/06/2023

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