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RWE to invest $4.1 billion in flagship UK offshore wind park

RWE, Europe's third-largest renewables group, has taken an investment decision on its 3 billion pound ($4.1 billion) Sofia offshore wind farm project, it said on Wednesday.

read more... 25/03/2021

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Anger as UK fails to rule out further North Sea drilling

The British government on Wednesday angered environmentalists by saying it could license further oil and gas drilling in the North Sea, months before it hosts a climate change summit.

read more... 25/03/2021

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Daily (24.03.2021): Oil prices fell by about 6% on Tuesday, to their lowest since early February amid more lockdowns

Crude oil prices fell sharply on Tuesday, under pressure of a stronger dollar and concerns over the near-term outlook for crude oil demand in Europe as the bloc heads inexorably back into full lockdown. Hence, Brent crude shed by $3.83, or 5.9%, to settle at $60.79 a barrel, the lowest level since Feb. 8. Meanwhile, U.S. WTI crude dropped by $3.80, or 6.2%, to settle at $57.76 a barrel, the lowest close since Feb. 5.

read more... 24/03/2021

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European Commission, France flag growing support for carbon border levy

Support is building for a European levy on imports from countries with easier carbon emissions standards, senior European Union and French officials said on Tuesday, as the bloc seeks to impose its guidelines on the emissions trading market.

read more... 24/03/2021

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Eolus enters Poland with plans for both wind and solar

Nordic wind projects developer Eolus Vind ABĀ  today announced it is setting up operations in Poland, where it intends to work on both onshore and offshore wind projects, as well as solar photovoltaic (PV) installations

read more... 24/03/2021

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