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German hydrogen pipeline planned to aid green industry shift
A group of gas grid operators, oil and utility firms is planning a 130-kilometre hydrogen pipeline to supply industrial customers in north-west Germany, Open Grid Europe (OGE) said.
read more... 19/03/2020
Russia sees oil and gas revenue drop nearly $ 40 billion
Russia’s oil and gas revenue will be $ 39.5 billion (3 trillion rubles) less than expected due to falling oil prices Russian Finance Minister Anton Siluanov said on Wednesday, adding that Russia’s budget will be in deficit this year.
read more... 19/03/2020
Daily (18.03.2020): Oil prices plummeted below $30 a barrel to reach the lowest level since 2016
Crude oil futures extended losses on Tuesday, falling to the lowest level since 2016 as the coronavirus pandemic threatens to bring the global economy to a deadlock, denting the fuel demand at a time when crude supply is flooding the market. Brent crude fell by $1.32, or 4.4% to settle at $28.73 a barrel on ICE London. U.S. WTI crude plunged by $1.75, or 6% to end at $26.95 a barrel on NYMEX.
read more... 18/03/2020
Utility-scale solar enjoys 'record' 2019
Utility-scale solar added a record 45GW of new capacity last year, bringing the total to over 220GW, according to figures from Wiki-Solar.
read more... 18/03/2020
CO2 breaches EUR 19 per tonne to hit 15-month low
European carbon prices tumbled below EUR 19/t on Tuesday – hitting a 15-month low – after the EEX cancelled its daily auction of EUAs amid a lack of bids.
read more... 18/03/2020