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TotalEnergies to prioritize low carbon intensity in new upstream investments

France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29.

read more... 30/07/2021

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Daily (29.07.2021): UK Gas prices on the forward curve hit record highs over 100p/th on Wednesday, tracking higher oil and carbon markets

Oil prices strengthened slightly on Wednesday, following a drop in US crude reserves. Gains, however, were limited by continued worries over the Covid pandemic. Brent oil edged 0.4% higher to $74.74 a barrel and WTI crude increased by 1% to $72.39 a barrel.

read more... 29/07/2021

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Unions repeat call for nuclear's inclusion in EU taxonomy

Nuclear energy must be included in a delegated act of the European taxonomy, 18 trade unions in the energy sector from 10 European Union countries have told Ursula von der Leyen, president of the European Commission (EC). In a joint letter, the unions called for "a dialogue with the purpose of nuclear energy to play its full potential and build an economically efficient and socially just carbon-free Europe by 2050".

read more... 28/07/2021

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TotalEnergies, Technip eye low-carbon LNG solutions

France's TotalEnergies and Technip Energies, the LNG arm of US oil services firm TechnipFMC, have partnered to develop low-carbon infrastructure for LNG production and offshore facilities, as part of their ambition to achieve carbon-neutrality by 2050.

read more... 26/07/2021

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REA: ‘More government action is needed if the UK is to achieve its net zero aims’

Although progress has been made in the decarbonisation of UK energy, net zero ambitions risk not being met due to ‘gaps in policy and investment’.

read more... 22/07/2021

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