Latest news
EU bank invests €120m to modernise power network in Hungary
The financing will cover the costs of the reinforcement of the electricity supply network, refurbishment of substations, overhead lines and underground cables and the installation of advanced meters
read more... 09/10/2020
Pavilion Energy, Gasum partner up on LNG bunkering
Pavilion Energy Singapore and Gasum have joined forces to develop a global LNG bunkering supply network.
read more... 09/10/2020
Norway’s Oil & Gas Strikes Could Take 25% Of Production Offline
If the ongoing strike of oil workers in Norway extends for another week without a resolution, nearly 25 percent of Norway’s oil and gas production could be shut down, including output at the giant Johan Sverdrup oilfield, the Norwegian Oil and Gas Association (NOG) said on Thursday.
read more... 09/10/2020
Daily (08.10.2020): EUAs hit a 2-week high on Wednesday, as the Parliament supported a stronger-than-expected 2030 climate target
Slightly larger-than-expected U.S. crude inventories and fading hopes for another stimulus package to support the coronavirus-hit economy weighed on oil prices declined on Wednesday Hence, Brent crude decreased by 1.6% to $41.99 a barrel. Meanwhile, WTI futures lost 1.8% to trade at $39.95 a barrel.
read more... 08/10/2020
EU Parliament votes for 60% carbon emissions cut by 2030
The European Parliament voted on Tuesday (6 October) to update the EU’s climate target for 2030, backing a 60% reduction in greenhouse gas emissions by the end of the decade, up from 40% currently.
read more... 08/10/2020