Latest news
Italian LNG terminal to start operations in mid-June
Italy’s Piombino floating LNG terminal (FSRU) could start commercial operations as early as mid-June once it receives authorisation for the injection of gas into Italy’s national grid, a spokeswoman from TSO Snam said.
read more... 30/05/2023
Volkswagen to invest $193 bln over 5 years to hit EV target
Volkswagen plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations, it said on Tuesday, with spending on combustion engines to fall from 2025.
read more... 14/03/2023
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Bulgaria begins work on Serbia gas link, sees operations by year-end
Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighbouring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe.
read more... 02/02/2023
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Coal Demand To Remain Robust In 2023
Despite bold climate pledges from a plethora of major world powers, it seems that many are unable to break their addiction to coal, as consumption is set to hit an all-time high (once again). Several countries have launched climate strategies that include the phasing out of coal production and use over the coming decades, however with gas shortages and a long road to getting enough renewable energy operations running to meet global demand, many continue to rely on coal for power and industry. While coal use is expected to decrease in the long term, to be replaced by natural gas and renewable alternatives, demand is set to remain strong in 2023
read more... 03/01/2023
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France's first commercial-scale offshore wind farm starts full operations
France's first commercial-scale offshore wind farm started full operations on Wednesday, adding 480 megawatts of capacity to the grid at a time when Europe is scrambling to secure energy supplies following Russia's invasion of Ukraine.
read more... 24/11/2022