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British regulator awards North Sea oil and gas licences

Britain's oil and gas regulator on Wednesday awarded 24 new hydrocarbon exploration licences to 17 companies as part of efforts to extend production in the ageing basin.

read more... 01/02/2024

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Stellantis starts volume production of hydrogen vans in Poland, France

Stellantis will start volume production in Europe of large and midsize hydrogen fuel cell vans, expanding its range of zero-emission commercial vehicles.

read more... 31/01/2024

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Daily (23.01.2024): Gas prices tumbled on Monday amid strong supply and forecasts of milder temperatures

Oil prices jumped by about 2% on Monday, supported by Red Sea tensions and weaker production in the US due to colder weather. Hence, Brent crude stabilized at $80.06, while WTI crude ended at $74.76 per barrel.

read more... 23/01/2024

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EC clears EUR-2.9bn French tax credit scheme for green industries

The European Commission (EC) on Monday approved, under state aid rules, a EUR-2.9-billion (USD 3.17bn) French tax credit scheme to support the production of solar panels, batteries, wind turbines and heat pumps, as well as associated key components and critical raw materials.

read more... 10/01/2024

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Dutch government to turn on 'pilot light' output at Groningen gas field

The Dutch government said on Monday it would turn on the "pilot light" - meaning minimal production - at two stations in the Groningen gas field due to impending cold temperatures in the Netherlands.

read more... 09/01/2024

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