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SSE to sell stake in Walney offshore wind farm to Greencoat UKW

UK utility SSE Plc said it has agreed to sell its 25.1% non-operating stake in the 367-MW Walney offshore wind farm to renewable infrastructure fund Greencoat UK Wind Plc.

read more... 03/09/2020

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Daily (31.08.2020): European carbon prices jumped to nearly €30 on Friday amid French nuclear outages

Oil prices ended slightly lower to flat on Friday as Hurricane Laura, which hit the U.S. Gulf Coast, caused less damage than feared on refineries, allowing infrastructure to start the recovery process. Hence, Brent crude stagnated at $45.05 a barrel, while U.S. WTI crude lost 0.2% to end at $42.97 a barrel. However, on a weekly basis, Brent and WTI rose by 1.5% and 1.6% respectively, as investors shifted their focus from the storm toward the fragile rebound in consumption amid the pandemic.

read more... 31/08/2020

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Transgaz can provide necessary infrastructure for safe Azerbaijani gas supply to Europe

For Azerbaijan’s state oil company SOCAR, Romania’s gas network operator Transgaz can provide the necessary infrastructure for the safe and efficient delivery of the gas volumes from Azerbaijan to the European market, Niculae Havrileț, State Secretary of the Ministry for Economy, Energy and Business Environment of Romania, told Trend.

read more... 26/08/2020

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Arctic gas finds new way from Yamal to China

Gazprom leader Aleksey Miller in last Friday’s meeting with President Vladimir Putin confirmed that the building of new east-bound natural gas infrastructure now is high on the company’s agenda.

read more... 02/04/2020

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'Hydrogen could meet quarter of world's energy needs – at $11 trillion cost'

A hydrogen economy powered by vast amounts of renewables could meet a quarter of the world’s energy needs by 2050 – but will need $11 trillion of spending on infrastructure and a $150bn subsidy kick-start, said BloombergNEF.

read more... 31/03/2020

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