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Abu Dhabi's Masdar signs green hydrogen deals with Engie, TotalEnergies

Abu Dhabi renewable energy group Masdar has signed a deal to develop a green hydrogen production plant in the United Arab Emirates with France's Engie and Fertiglobe, the company said on Wednesday.

read more... 20/01/2022

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Daily (19.01.2022): Oil prices continued to trade around multi-year highs amid geopolitical tensions and tight supply outlook

Crude oil prices extended seven-year highs on Tuesday amid concerns about tightening supply and exacerbating geopolitical tensions. Supply worries mounted this week after Yemen’s Houthi group attacked the United Arab Emirates, escalating hostilities. As a result, Brent crude rose by 4.5% to settle at $87.51 a barrel. At the same time, the American WTI crude gained 5.2% at $85.43 a barrel

read more... 19/01/2022

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Greece fumes as Washington loses interest in EastMed gas pipeline

The United States is no longer supporting the construction of EastMed gas pipeline project as Washington’s interest is now switching to renewable energy sources, according to a State Department statement. According to Greek media, the move profits Turkey.

read more... 11/01/2022

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Daily (06.01.2022): European carbon prices jumped by more than 3% on Wednesday, on the back of bullish energy markets and low liquidity

Crude oil prices rose on Wednesday, on favorable US employment data, as well as a further drop in crude stocks in the United States. As such, Brent oil increased by 1% to $80.80 a barrel and WTI crude gained 1.1% at $77.85 a barrel.

read more... 06/01/2022

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Application submitted for Paks II containment

An application to build the containment building of the first new unit at Hungary's Paks II nuclear power plant has been submitted. Project company Atomerőmű Zrt said it should be approved within 150 days. Meanwhile, Hungary's nuclear regulator has assumed a new, more independent, legal status.

read more... 05/01/2022

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