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European states sign pledge to protect North Sea infrastructure

Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work together to protect underwater infrastructure, including from possible Russian attacks.

read more... 09/04/2024

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Austria unveils path to climate neutrality by 2040

Austria’s climate action and energy minister laid out plans on Monday for shifting the country’s energy system from gas to hydrogen as it seeks climate neutrality by 2040.

read more... 09/04/2024

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Europe’s industrialists want deep reform of power market to tackle €800b grid spending gap

The European Union is facing a grid investment gap of €800 billion until 2030, finds a report commissioned by industry lobby group ERT, who call for another power market revamp to help address the issue.

read more... 09/04/2024

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Daily (08.04.2024): Middle East conflict provided support to oil prices on Friday

Oil prices extended gains on Friday , amid worries about supply constraints due to the Middle East conflict. Brent crude rose by 1% to $91.17, while WTI Crude edged 0.4% higher at $86.19.

read more... 08/04/2024

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German coalition agrees financing details of hydrogen network

Germany's ruling coalition on Friday agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.

read more... 08/04/2024

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