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BECCS project included in €1.1bn EU grants
The European Commission has signed grant agreements of €1.1 billion with seven large-scale low-carbon technology projects, including a BECCS development.
read more... 05/04/2022
Daily (05.04.2022): Oil prices increased sharply on Monday as Europe considers more sanctions in Russia
Oil prices rebounded sharply on Monday as the EU is considering further sanctions against Russia, potentially including energy imports, due to war crimes in Ukraine. Hence, Brent crude soared by $3.14, or 3%, to settle at $107.53 a barrel. U.S. WTI crude surged by $4.01, or 4%, to settle at $103.28 a barrel.
read more... 05/04/2022
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Baltic states become first in Europe to stop Russian gas imports
The head of Latvia’s natural gas storage operator said Saturday (2 April) the Baltic states were no longer importing Russian gas, a decision made in reaction to the Kremlin’s decision to invade Ukraine.
read more... 04/04/2022
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EU backs Enel solar panel gigafactory
Enel Green Power and the European Commission have signed a grant agreement to help boost capacity at the former's 3Sun PV panel factory in Sicily, Italy, to 3GW from 200MW currently.
read more... 04/04/2022
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Putin tells Europe: Pay in roubles or we’ll cut off your gas
Russian President Vladimir Putin has demanded foreign buyers pay for Russian gas in roubles from Friday (1 April) or else have their supplies cut, a move European capitals rejected and which Germany said amounted to “blackmail”.
read more... 04/04/2022