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Mar 11, 2026

Daily (11.03.2026): European energy prices fell on Tuesday amid signals of potential Iran de escalation

Oil markets slid sharply on Tuesday as Donald Trump predicted a swift end to the Iran conflict and hinted at potential sanctions relief, with reports suggesting Russia could be included. News that the G7 may release strategic reserves further eased supply concerns. Hence, Brent crude slumped by 11% to close at $87.80 per barrel, while...

Mar 12, 2026

EDF establishes a global advisory board for nuclear investment and financing.

The Financing and Investing in Nuclear - Advisory Board EDF unites top specialists from the energy and finance sectors to promote the funding and investment in new nuclear initiatives worldwide. Initiated at the Nuclear Energy Summit 2026 in Paris, the board includes members from ABN AMRO Bank, BNP Paribas, Bpifrance Assurance Export, Crédit Agric...

Mar 12, 2026

Equinor discovers additional oil and gas near Sleipner and Troll.

Equinor ASA and its partners have found additional oil, gas, and condensate in the North Sea on Norway's side, with plans to utilize existing infrastructure in the Sleipner and Troll regions. The Byrding C discovery, located five kilometers (3.11 miles) northwest of the Fram field in the Troll area, is estimated to contain 4-8 million barrels of r...

Mar 12, 2026

EU is contemplating a gas price limit to control rising energy expenses.

The European Union is contemplating actions to reduce energy prices, including setting a cap on gas prices, as stated by European Commission President Ursula von der Leyen on Wednesday. Prior to the rise in oil and gas prices prompted by the Iran war, Brussels was already working on proposals aimed at assisting industries that claim high energy cos...

Mar 12, 2026

Eni Secures a 15-Year Biomethane Supply Agreement from France

Eni SpA, through its renewable division Plenitude, has reached an agreement with Seya Group's Methagora to purchase 50 gigawatt hours (GWh) of biomethane annually for 15 years from Methagora's production facilities in France. The collaboration between Plenitude and Methagora underscores their commitment to securing certified biomethane for the Fre...

Mar 12, 2026

Greenvolt Next finishes 1.32 MW solar projects in Romania.

Greenvolt Next, the distributed generation solutions arm of the Portuguese renewable energy firm Greenvolt Group, announced on Wednesday the completion of five photovoltaic (PV) projects with a total installed capacity of 1.32 MW in the northeastern region of Moldova, Romania. These five PV initiatives were created for businesses in sectors cruci...

Mar 12, 2026

TotalEnergies limits oil prices for consumers due to 'exceptional volatility.'

TotalEnergies announced on Thursday that it would limit petrol prices at its fuel stations in mainland France due to "exceptional market volatility." Oil prices have fluctuated significantly since Iran shut down the Strait of Hormuz following U.S. and Israeli airstrikes, putting extra pressure on economies and consumers in energy-dependent regions...

Mar 12, 2026

Jantzen Renewables BESS project in Romania is ready for construction.

Danish-Romanian green energy project developer Jantzen Renewables, a part of Denmark's Jantzen Group, announced on Wednesday that its Repono1 battery energy storage system (BESS) project in Romania has achieved ready-to-build status after obtaining all required construction permits. "With the ongoing growth of renewable energy generation, energy ...

Mar 12, 2026

India states it is prepared for an unprecedented demand for coal power this summer.

India has adequate coal reserves to handle what is predicted to be an extraordinary increase in demand during the summer, according to the Coal Ministry's announcement on Wednesday, following gas supply issues stemming from the U.S.-Israeli conflict with Iran. The total coal inventory in the nation is approximately 210 million metric tons, which c...

Mar 12, 2026

The EU grants a historic 25.2GW of new solar PV capacity via government auctions in 2025.

European Union (EU) member nations set a new record by awarding 25.2GW of solar PV capacity through auctions in 2025, as reported by SolarPower Europe. In addition to this, nearly 6GW of new capacity was secured through corporate power purchase agreements (PPAs) last year. These statistics come from the latest report by SolarPower Europe titled ‘...

Mar 12, 2026

Nordex secures a 49MW turbine order for Heek-Strönfeld.

Nordex Group has secured an order for 49MW to provide turbines for the Heek-Strönfeld community wind farm located in North Rhine-Westphalia, Germany. The company will supply seven N175/6.X turbines with a hub height of 179 metres for the project commissioned by Bürgerwind Heek-Strönfeld GmbH & Co. KG. Additionally, the agreement includes a Premiu...

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