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Norway approves more than $18 billion in oil, gas investments
Norway's government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.
read more... 30/06/2023
World’s first offshore hydrogen production project yields first kilograms of green hydrogen
The offshore hydrogen production platform that Lhyfe is testing in France, named Sealhyfe, began producing its first kilograms of offshore hydrogen on 20 June after it was towed last month to the SEM-REV offshore test site which is connected to BW Ideol’s floating wind turbine Floatgen.
read more... 28/06/2023
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Renewable share of German power use climbs to 52.3% in first half
Renewable energy accounted for 52.3% of Germany's power consumption in the first six months of the year, up 3.1 points from a year earlier, on higher solar production and lower overall electricity usage, data showed on Tuesday.
read more... 28/06/2023
Netherlands increases subsidies for green hydrogen production
The Dutch government on Friday said it will increase subsidies for the production of hydrogen from renewable sources of energy, known as 'green hydrogen', by 1 billion euros ($1.1 billion) next year and another 3.9 billion euros in the years after.
read more... 26/06/2023
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Romania's OMV Petrom hails largest oil find in decades
Romania's OMV Petrom said it has made a series of oil and gas discoveries in southern Romania including its largest crude find "in decades". The discoveries could help the firm reduce the decline in its upstream production and increase the intake of domestic crude at its 85,000 b/d Petrobrazi refinery in Ploiesti.
read more... 15/06/2023