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Equinor, BP, TotalEnergies seal investment into Britain's carbon capture projects
Norway's Equinor alongside partners BP and TotalEnergies, have taken the final investment decision for two of the Britain's first carbon capture and storage projects in northern England, they said on Tuesday.
read more... 12/12/2024
Daily (11.12.2024): British gas prices edged up amid escalating tensions in the Middle East
Oil prices remained rather stable on Tuesday, holding most of the previous day's gains. The news of the fall of Bashar al-Assad's regime counterbalanced skepticism regarding the effectiveness of China’s recently announced financial stimulus measures. Brent crude settled at $72.19 per barrel, while WTI crude closed 0.3 % higher at $68.59 per barrel.
read more... 11/12/2024
Stellantis, CATL to invest $4B in EV battery factory in Spain
Stellantis and Chinese battery maker CATL will invest €4.1 billion ($4.33 billion) to build one of Europe’s largest electric vehicle battery factories in Spain, encouraged by lower costs and government funding.
read more... 11/12/2024
Britain's INEOS and partners to invest in CO2 storage off Denmark
Chemicals group INEOS has taken a final investment decision with partners to build a CO2 storage project off Denmark, potentially the first such EU project to start operations, the firm owned by British billionaire Jim Ratcliffe said on Tuesday.
read more... 11/12/2024
France is losing renewable investment due to slow permits
France must make it easier to develop solar, wind and battery projects or lose out to neighbours, the CEOs of French oil major TotalEnergies and state-owned EDF said on Tuesday at the French electricity union (UFE) annual conference.
read more... 11/12/2024