Latest news

German climate minister sets out plans for 572 TWh/yr green electricity by 2030

Germany's new economy and climate minister Robert Habeck has outlined plans to fast track renewables in order to meet an 80% share in the power mix target by 2030.

read more... 12/01/2022

news

EU to propose joint gas buying in response to high energy prices

The European Commission will propose a system for EU countries to voluntarily jointly buy gas to form strategic reserves of the fuel, a measure drawn up in response to soaring energy prices, according to a document shared with countries ahead of a summit this week.

read more... 14/12/2021

news

German coalition targets earlier coal exit

Germany hopes to bring forward its coal phase-out by eight years to 2030, boosting renewables' share of the generation mix to 80pc, the incoming government announced today.

read more... 25/11/2021

news

Asia is buying more Middle East crudes as price advantage widens

Middle East crude oil exporters are re-building market share in the key Asia region, a trend likely to continue as the price advantage of local grades against those from the Atlantic Basin jumps to the most in eight years.

read more... 03/11/2021

news

Electric vehicles' global market share projected to reach 29% by 2025

The global market share of electric vehicles (EVs) is expected to reach as much as 29% by 2025, driven by demand from China and Europe, according to Marius Kluge Foss, senior vice president at Rystad Energy on Thursday.

read more... 22/10/2021

news