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EU to offer gas plants a green finance label under certain conditions
The European Union plans to label some gas power plants as sustainable investments, a draft document seen by Reuters showed, after an initial proposal to deny them a green label faced a backlash from some member states.
read more... 23/03/2021
Is The World’s Most Controversial Pipeline About To Pivot To Hydrogen?
Keeping the position of key energy supplier to the Old Continent comes at a price. And it looks like it’s a price Russia is ready to pay it. Moscow is silently investing in the production of hydrogen, potentially aiming to make it flow through its new NordStream 2 pipeline. While the future of the controversial project still fuels debates and uncertainties, Russia decided to adapt to its neighbor's needs for cleaner energy sources, and in particular for hydrogen, which the European Commission put at the forefront of its recovery agenda.
read more... 23/03/2021
Daily (22.03.2021): Brent crude gained 2% on Friday after resumption of vaccinations.
Oil prices strengthened on Friday, following the news that France, Germany, Spain and Italy will resume AstraZeneca vaccinations, as the European Medicines Agency (EMA) declared the vaccine was "safe and effective". Thus, Brent crude gained 2% to settle at $64.53 a barrel, and WTI oil ended 2.4% up at $61.42 a barrel.
read more... 22/03/2021
Ecotricity And Gridserve To Revamp Electric Highway Charging Network
Ecotricity, the company that launched the first nationwide charging network (Electric Highway) in the UK in 2011, and Gridserve, which recently debuted the UK's first 'Electric Forecourt', announced a major new collaboration.
read more... 22/03/2021
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Record gas output from Norway's Oseberg
Oseberg production available for sale of 25.7mn m³/d in January was the highest for any month since gas sales began from the field in September 2000. The field's gas blowdown process has begun, which involves a shift to gas production rather than gas reinjections as it approaches the end of its economic oil-producing life.
read more... 22/03/2021