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BP ventures back into oil frontiers to boost output

BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions.

read more... 11/05/2023

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Germany's Scholz says more renewables key to lower industry costs

Ramping up renewable power production rather than subsidies is the key to lower electricity prices for Germany's energy-hungry industry, Chancellor Olaf Scholz said on Saturday, in an apparent dig at proposals by his government's economy minister.

read more... 08/05/2023

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European summit to spur wind energy production in North Sea

Nine European countries are holding a summit Monday aimed at scaling up wind power generation in the North Sea, spurred by the fall-out of the Ukraine war and the push for renewables.

read more... 24/04/2023

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EU, Norway plan cooperation on carbon capture, hydrogen

The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft "alliance" plan.

read more... 21/04/2023

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EU launches first cross-border renewables support scheme

The EU’s first cross-border renewables support scheme opened on Tuesday with a call for solar photovoltaic projects in Finland that will also help Luxembourg meet its renewable targets.

read more... 20/04/2023

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