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European court says German energy regulatory methods are insufficient

The Court of Justice of the European Union on Thursday said Germany’s energy regulator must be more independent in applying the bloc’s electricity and gas regulations.

read more... 03/09/2021

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Daily (02.09.2021): European carbon prices lost 1% on Wednesday, tracking a bearish energy complex

Crude oil prices diverged on Wednesday. The Brent benchmark lost nearly 2% at $71.59 a barrel, as OPEC+ members confirmed their strategy of increasing production by 400.000 bpd in October. WTI oil edged higher, as a weekly decrease in US crude stocks limited losses. As such, WTI edged 0.1% higher at $68.59 a barrel.

read more... 02/09/2021

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Large seismic campaign kicking off in Geneva, Switzerland

The State of Geneva and the Industrial Services of Geneva (SIG) have announced that they will conduct a prospecting campaign for the Geneva subsoil from September 13, 2021 for a period of approximately six weeks. This 3D geophysical measurement campaign will make it possible to precisely map the subsoil of the Geneva basin in order to locate the most favorable places for the exploitation of geothermal energy.

read more... 02/09/2021

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Norwegian government proposes overhaul of petroleum tax system

Norway's government has proposed overhauling taxation of its oil and gas firmsby scrapping some incentives, it said in a surprise announcement on Tuesday, further heating up a pre-election debate over the future of the country's top industry.

read more... 02/09/2021

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Exposing The Blue Hydrogen Lie

Recent reports suggest that oil companies in the U.K. have been exaggerating the costs of blue hydrogen projects, as well as the need for their development to decarbonize the industry, in order to gain additional funding for new hydrogen plants.

read more... 02/09/2021

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