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Ukraine, Moldova, Slovakia join ‘Vertical Corridor’ European gas transportation scheme
Ukraine, Moldova and Slovakia on Friday (19 January) joined an initiative for a planned corridor to carry natural gas between Greece and countries to its north as Europe steps up efforts to diversify supply and boost energy security.
read more... 22/01/2024
Daily (19.12.2023): Energy prices spiked on Monday amid supply security concerns
Oil prices rallied on Monday amid fears of disruptions to maritime oil transport due to attacks in the Red Sea. The market reacted to British oil giant BP's announcement that it would suspend all shipping in the Red Sea. Hence, Brent crude climbed by about 2% to settle at $77.95, and WTI crude ended at $72.47 per barrel, more than 1% higher day-on-day.
read more... 19/12/2023
Dutch, Danish to intensify cooperation on carbon capture and storage
Denmark and the Netherlands signed a Memorandum of Understanding on Monday on the sidelines of the EU Environment Council in Luxembourg, pledging to cooperate on carbon capture and storage (CCS) and CO2 transport.
read more... 18/10/2023
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Three countries support construction of Burgas-Alexandroupolis oil pipeline
The oil pipeline project from the Greek port of Alexandroupolis to the Bulgarian port of Burgas is on the agenda of Bulgaria, Greece, and Romania in the context of greater energy, transport and digital connectivity in Southeast Europe.
read more... 11/10/2023
Germany’s hydrogen import bill estimated at €1.2-7bn by 2030
Germany will not be able to meet all of its hydrogen demand from piped gas, the cheapest way of transporting hydrogen, forcing the country to rely on costlier shipping options instead, according to a new study by influential think-tank Agora Energiewende.
read more... 18/09/2023