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Crude
U.S. Could start Buying Crude for Strategic Petroleum Reserve in two Weeks
The United States could begin purchasing U.S. produced crude oil for the Strategic Petroleum Reserve as soon as two weeks from now, and fill it in several month…
Coal-Fired Power Plants
From U.S. to Europe to China to Russia, Renewables are Now Cheaper than Coal
It’s now cheaper to invest in renewable energy than coal in all major markets around the world—and more than half of existing coal plants are also more expens…
Greenhouse Gas Emissions
Cooling and Heating Help Deliver Largest CO2 Reduction
EUROPE: Greater efficiencies in cooling and heating in the buildings sector led to a 50% reduction in greenhouse gas emissions between 2005 and 2018, according …
Latvia Aims for Energy Efficiency
The European Investment Bank (EIB) has signed an agreement with ALTUM – a Latvian state-owned development finance institutions that provides funding for a wide…
Oil Price
Saudis to Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, a…
Wind Power Project
Floating Wind Power Shows Strong Future
Offshore wind is expected to play a key role in achieving the EU’s climate and renewable energy targets but design limitations have resulted in foundation-base…
Crude
Saudis Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia,…
Nuclear Power Plant
Foratom Calls on EU to Recognise Nuclear as a Strategic Industry
Foratom, the European nuclear trade body, has welcomed the ambitions outlined in the European Commission's Industrial Strategy, which was published yesterday.
Power Construction
TenneT Inks €250m Dutch Grid Deal with EIB
TenneT has signed a €250m loan agreement with the European Investment Bank to fund a key onshore grid project that will enable the transmission of increasing a…
Crude
Australia Inks Deal With U.S. for Access to Strategic Petroleum Reserve
Australia said it will sign a deal with the U.S. this week giving it access to crude oil from to America’s Strategic Petroleum Reserve during an emergency.
Hydrogen Fuel Cell
Europe to Unveil EU-Wide Hydrogen Fuel Partnership
Europe will this week announce plans for a new EU-wide partnership to develop clean hydrogen fuel technologies, as Brussels seeks ways to accelerate its push to…
Oil & Gas Trade
Kazakhstan in Talks with PetroChina after Force Majeure on Gas Supplies
Kazakh natural gas exporter Kaztransgas is discussing further gas supplies with PetroChina after it issued a force majeure notice citing the coronavirus outbrea…
Industry Reaction as EU Unveils Climate Law
The European Commission today unveiled its much-anticipated Climate Law which is intended to drive Europe to climate neutrality by 2050.
Slovakian Govt backs EUR-1bn EV Battery Gigafactory by InoBat
InoBat Auto, the Bratislava-based battery maker with plans for a 10-GWh plant, has secured funding from the Slovakian government for a research and development …
Oil & Gas Trade
Oil Looks Into Abyss as Coronavirus Threatens Demand Contraction
Flights canceled in Europe, schools closed in Japan, towns quarantined in Italy and panic in California. The coronavirus crisis has gone global, and with it, it…
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