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British regulator awards North Sea oil and gas licences

Britain's oil and gas regulator on Wednesday awarded 24 new hydrocarbon exploration licences to 17 companies as part of efforts to extend production in the ageing basin.

read more... 01/02/2024

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Global investment in energy transition technology surges record 17% in 2023

Global investment in the energy transition surged by 17% in 2023 to $1.7trn, according to a report from research provider BloombergNEF (BNEF).

read more... 01/02/2024

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Daily (31.01.2024): Gas prices gained ground on Tuesday as outage at Freeport LNG raised supply concerns

Oil prices ended mixed on Tuesday as concerns over global oil demand offset ongoing supply concerns due to Middle East tensions. Consequently, Brent crude rose by about 0.6% to settle at $82.87, while WTI crude retreated by about 0.5% to close at $77.82 per barrel.

read more... 31/01/2024

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Germany needs to speed up offshore wind capacity expansion to hit targets

Germany raised installed offshore power wind capacity by 257 megawatts (MW) in 2023 to reach 8,465 MW but needs to step up the pace to meet a target of 30,000 MW by the end of 2030, industry groups said on Tuesday.

read more... 31/01/2024

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Stellantis starts volume production of hydrogen vans in Poland, France

Stellantis will start volume production in Europe of large and midsize hydrogen fuel cell vans, expanding its range of zero-emission commercial vehicles.

read more... 31/01/2024

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