Latest news
Serbia adopts MoU with EDF on energy cooperation
Serbia's government adopted a Memorandum of Understanding (MoU) with French state-owned energy giant Electricite de France (EDF) on long-term cooperation in the field of energy transition and low-carbon technology, the energy ministry said on Friday.
read more... 08/04/2024
Norway’s Ambitious Plan to Store Carbon Dioxide in the North Sea
Norway has big plans to pump waste carbon from oil and gas operations and heavy industry under the seabed of the North Sea to be stored safely underground. It believes this method will be key to decarbonizing its fossil fuel activities in the coming years and supporting a green transition. However, some fear that this process cannot be done safely without risk to the environment. Others believe that carbon capture and storage (CCS) is merely a band-aid on a bullet wound and that countries should be fixing their carbon problem at the source rather than mitigating the effects of fossil fuel production. Nonetheless, so long as the world relies on oil and gas, companies will be looking for ways to produce lower-carbon fossil fuels through innovative methods, such as CCS technology.
read more... 14/03/2024
First LNG vessel arrives at new German Mukran terminal
The first vessel carrying liquefied natural gas (LNG) for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.
read more... 26/02/2024
.jpg){kind=spacer}
Final accord reached on Belgian reactor operations
A final agreement has been signed between the Belgian government and French utility Engie to extend the operation of the Tihange 3 and Doel 4 nuclear power reactors by 10 years and on all obligations related to radioactive waste.
read more... 14/12/2023
Daily (11.12.2023): Oil prices rebounded by over 2% on Friday following Russo-Saudi meeting
Oil prices rebounded on Friday following a meeting between Russian President and Saudi Crown Prince, where they emphasized the importance of energy cooperation and the need for all countries to adhere to the OPEC+ agreement. Consequently, Brent crude ended at $75.84 per barrel, while WTI crude closed at $71.23 per barrel, both contracts jumping by more than 2%.
read more... 11/12/2023