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Net Zero Emission
Japan Energy Firm Inpex Sets 2050 net Zero Emission Goal
The move comes after Japanese Prime Minister Yoshihide Suga pledged to make Japan carbon-neutral by 2050 and with global oil and gas companies shifting away fro…
Oil Price
OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secret…
Wind Farm
Financing Confirmed for Brazilian Wind Farms
In the north-eastern Brazilian state of Pernambuco, one of the poorest regions in the country, European Energy is about to build three new wind farms of 94 MW i…
Offshore Wind Power
Statkraft and Aker Offshore Wind Explore Project Opportunities in Norway
European renewable energy producer Statkraft, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore commercial-scale offsh…
Energy Transition
Saudi Arabia Seeks European Partners to Develop Hydrogen
The world's largest oil exporter is looking to add 50% renewables to its energy mix
Hydrogen Project
Imported Blue Hydrogen ‘Cheaper than Green’ in EU
Imported hydrogen will be cheaper than green hydrogen made in the EU in 2030, according to a new study by Aurora Energy Research.
Solar Power Plant
Iberdrola and Danone España Join Forces Behind the Creation of Europe's Biggest Photovoltaic Plant
Iberdrola and Danone have joined forces in their sustainability commitments with the signing of a long-term Power Purchase Agreement (PPA), which will drive the…
Carbon Emissions
Total Leads Europe’s Oil Majors in Clean Energy Push
Total has had the fastest start in the race between oil supermajors to achieve net-zero carbon emissions.has had the fastest start in the race between oil super…
Wind Farm
China Makes European Offshore Wind Breakthrough as Ming Yang Bags First Italian Job
Manufacturer to equip 30MW pilot project off Italy with 3MW turbines as it steps into Senvion's shoes.
Thermal Plant
Japanese Paper Mills to Boost Biomass Power Capacity
Japanese paper producers may expand use of biomass fuels at their in-house power generation plants to help achieve the country's 2050 carbon neutrality target.
EU
Fortum, Statkraft and Vattenfall Revise EU 2030 Climate and Energy Legislation
Fortum, Statkraft and Vattenfall, three of the largest Nordic energy utilities, welcome the EU’s revised 2030 climate target of at least -55% as a crucial step…
CCS
Elon Musk To Give $100 Million To ‘Best’ Carbon Capture Technology
Elon Musk will be giving a prize of US$100 million to the best carbon capture technology, the entrepreneur tweeted, adding that he would unveil details on this …
Oil Pipeline
EU Parliament Wants Nord Stream 2 Stopped
The European Parliament has called on the EU to stop Gazprom's 55bn m³/yr Nord Stream 2 gas project.
Crude Oil
Norway: December Oil Output Rises Above Expectations
Norway ended 2020 on a high note with oil production in December 2020 above forecasts made by the Norwegian Petroleum Directorate.
Oil&Gas Drilling
Egypt Awards Red Sea Oil and Gas Exploration Concession to Mubadala Petroleum
New agreement adds to Mubadala Petroleum's Egypt portfolio that includes Shorouk and Noor exploration concessions
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