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Oil products caught between Covid and green push

Most forecasts for products demand and prices have been steadily revised upwards as vaccination programmes have got underway and this has created positive market sentiment, Argus' global head of oil products Stephen Jones told the forum held today during the IP Week conference. But, any actual demand recovery will depend on how quickly governments lift lockdown measures. One major unknown is how well the vaccines will deal with new variants of Covid-19.

read more... 24/02/2021

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Germany Seeks Deal With Biden on Controversial Pipeline

Germany wants to make a deal with the U.S. in order to complete the controversial Nord Stream 2 gas project that has caused friction between the two countries.

read more... 17/02/2021

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Enel agrees green hydrogen deal with Italian refiner Saras

Italian utility Enel has agreed with Saras to develop a project to supply green hydrogen to the Italian refiner’s Sarroch site in Sardinia, the two companies said on Tuesday.

read more... 17/02/2021

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UK battery storage developer Eelpower signs joint venture deal with Swiss fund

UK battery storage developer Eelpower has entered a joint venture agreement with SUSI Infrastructure Partners of Switzerland to accelerate the rollout of Eelpower's UK energy storage portfolio, Eelpower and SUSI Partners said Jan. 25.

read more... 26/01/2021

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Dutch companies sign 10-year deal to buy 330 GWh of power from Finland

The virtual contract covers an expected output volume of 330 GWh per year - equivalent to the electricity consumption of 40,000 households

read more... 25/01/2021

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