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OPEC+ needs to be careful in policy to balance market amid Q1 demand softening: UAE
OPEC+ needs to be careful in implementing its policy because it needs to balance the market amid forecasts of softening demand in the first quarter of 2022, the UAE's energy minister said on Nov. 8.
read more... 08/11/2021
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TenneT places EUR-1bn green bond to fund new interconnecion projects
Dutch transmission grid operator (TSO) TenneT Holding BV has placed a EUR-1-billion (USD 1.16bn) senior green bond that will provide it with funds to finance transmission projects in the Netherlands and Germany.
read more... 04/11/2021
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Eni to buy stake in 1.2-GW Dogger Bank C offshore wind project
Italian oil-and-gas major Eni SpA (BIT:ENI) has entered into agreements with Norway’s Equinor ASA (NYSE:EQNR) and UK’s SSE Renewables to acquire a 20% stake in the 1.2-GW Dogger Bank C offshore wind project in UK waters, the trio said in separate announcements on Tuesday.
read more... 03/11/2021
Electric vehicles' global market share projected to reach 29% by 2025
The global market share of electric vehicles (EVs) is expected to reach as much as 29% by 2025, driven by demand from China and Europe, according to Marius Kluge Foss, senior vice president at Rystad Energy on Thursday.
read more... 22/10/2021
Spanish energy tax threatens EU’s green hydrogen plans, industry warns
As energy prices soar across Europe, the chairman of electricity giant Iberdrola warned of short-sighted measures in Spain that are threatening the expansion of renewable electricity needed for the production of green hydrogen.
read more... 07/10/2021