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Germany steps up hydrogen production infrastructure
Germany is stepping up its hydrogen production infrastructure, as the economy and energy ministry this week announced a second round of calls for hydrogen test fields
read more... 16/04/2021
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Austria's OMV completes Nord Stream 2 loan
Austrian integrated oil and gas firm OMV is the latest financing partner on Russian state-controlled Gazprom's 55bn m³/yr Nord Stream 2 pipeline to confirm that disbursements to the project have ended.
read more... 09/04/2021
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Russia to remain dominant gas supplier for Europe to 2040
Russia is set to remain the dominant gas supplier to Europe up to 2040, according to the latest long-term European gas outlook from S&P Global Platts Analytics.
read more... 01/04/2021
Daily (25.03.2021): Crude oil prices gained 6% on Wednesday following the blockage of the Suez Canal
Oil prices soared on Wednesday, lifted by concerns over the supply of black gold due to the blockage of the Suez Canal. Furthermore, a mixed sentiment over the EIA’s latest report on US crude stocks lent additional support. As a result, Brent oil gained 6% to $64.41 a barrel and WTI crude rose by 5.9% to $61.18 a barrel.
read more... 25/03/2021
Ofgem proposes to make suppliers return £1.4bn credit balances to customers
Ofgem could call on energy suppliers to return £1.4 billion to customers in Britain under latest proposals to limit the amount of customer credit balances they can hold.
read more... 18/03/2021