UK energy regulator Ofgem has confirmed its support for the proposed 4-GW Eastern High Voltage Direct Current subsea power cable project between Scotland and England, which at GBP3.4 billion ($4.07 billion) would be Great Britain's largest electricity transmission project in recent history.
read more... 12/07/2022
The Greece-Bulgaria natural gas interconnector was inaugurated on Friday following the completion of the construction phase, the project company developing the facility, ICGB, said.
read more... 11/07/2022
EU parliamentarians have accepted that natural gas and nuclear projects can be included in the EU’s sustainable finance taxonomy in a vote on Wednesday.
read more... 07/07/2022
QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies , Exxon , ConocoPhillips and Eni.
read more... 06/07/2022
Brent oil prices declined on Friday due to demand skepticism, mounting concerns about the possibility of a worldwide economic slowdown, and the confirmation by Opec+ of a projected increase in supply. Consequently, Brent fell by 2.8% to settle at $111.63 a barrel. In contrast, WTI price increased by 2.5% on Friday to close at $108.43 a barrel as supply disruptions in Libya and anticipated shutdowns in Norway offset concerns that demand would be negatively impacted by an economic slowdown.
read more... 04/07/2022