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Leading Energy Companies Call for European Clean Hydrogen Investment
The CEOs of ten leading energy companies have written an open letter to the European Commission, urging the group to prioritise hydrogen generation as part of E…
Energy Transition
IEA Commends Austria's Efforts to Accelerate its Clean Energy Transition
Austria is committed to reaching carbon neutrality by 2040 at the latest – 10 years earlier than the goal set by the European Union.
Energy Technology
Renewable Hydrogen is Key to Unlocking the Complete Decarbonisation of European Industries
Today (May 25), eight industry leaders, European solar power and European wind energy, launched the "alternative renewable hydrogen" programme.
Energy Storage Battery
EIB Reaffirms Commitment to European Battery Industry and Energy Transition
At a meeting of the European Battery Alliance on Tuesday 19 May, European Investment Bank Vice-President Andrew McDowell, confirmed the Bank's commitment to sup…
Oil Price
Negative Pricing Seen Spreading from Oil to Gas
Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing the prospect of also slipping int…
Oil & Gas Trade
Which Oil Major Is Best Prepared For The Future?
European oil supermajors are slashing costs but sparing their renewable energy business. U.S. giants are cutting across the board and focusing on their core bus…
CNPC
China's Crude Oil Imports to Rise 2% y/y in 2020
China’s crude oil imports are expected to increase by around 2% in 2020 amid lower prices, while apparent crude oil consumption is seen rising by 1-2%, accordi…
Nuclear Power Plant
Ukraine Passes Bill to Secure Euratom Loan
The Verkhovna Rada, Ukraine's upper house of parliament, has adopted a draft law on nuclear safety that enables state-run nuclear power plant operator Energoato…
Clean emission
Global CO2 Emissions to Drop 4-7% in 2020
Four countries or blocs -- China, the United States, the European Union and India -- accounted for two-thirds of the downturn across the first four months of 20…
Energy Transition
Australia Looks to Big Oil in Latest Plan to Curb Emissions
Australia is seeking to cut emissions in one of the world’s biggest per-capita polluters by encouraging oil firms including Chevron Corp. and Woodside Petroleu…
Oil & Gas Trade
United States bump LNG exports in March
The United States increased the liquefied natural gas (LNG) exports in March with European countries remaining the top customers.
Solar Power Plant
EBRD Invests in Wind and Solar Energy in Poland
The EBRD is advancing the green energy transition in Poland by supporting Qair’s portfolio of almost 200 MW of renewable energy with five loans totalling PLN 2…
French Group Total Buys up Some Assets from Portugal's EDP
Total's shares on the Paris bourse .FCHI gained 4% in early trade after the deal, and a separate announcement that it was calling off a deal to acquire Occident…
Oil & Gas Trade
OPEC Says Nigeria's Oil Output Dropped Last Month
The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output, excluding Condensate, at 1.78 million barrels per day, m/bd, in April 20…
Oil&Gas Drilling
Australia is in the Process of Developing Dorado Field
Australia's Santos is pushing forward with its Dorado field development. The competitive process for the supply of the FPSO has started and a shortlist of contr…
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