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Europe
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…
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…
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…
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.
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…
Biomass Power Plant
EBRD Finances Two Biogas Co-Generation Units in Belarus
The European Bank for Reconstruction and Development (EBRD) has financed the construction of two biogas co-generation units in Belarus.
Hydrogen Project
Europe’s Largest Green Hydrogen Project Starts in Groningen
A consortium of Gasunie, Groningen Seaports and Shell Nederland has launched ambitious NortH2 green hydrogen project.
147-MW Ruzizi III Hydropower Project in Africa gets EIB Backup
The European Investment Bank (EIB) is providing €9 million (US$9.8 million) to support the implementation of the 147-MW Ruzizi III hydropower project, which wi…
Energy Storage Project
Pivot Power Places 100MW Energy Storage Order with Wärtsilä
EDF Renewables company Pivot Power has placed an order with European technology group Wärtsilä to deliver 100MW of energy storage in the UK.
IHA launches $1m assessment fund for sustainable hydropower projects
A new sustainability fund has been launched to aid hydropower project developers and operators in Africa, Asia, Europe and the Americas to benchmark and raise t…
Energy Associations Issue Declaration to Achieve EU Green Deal
Energy associations championing the move towards renewable sources, including SolarPower Europe and WindEurope, have issued a declaration setting policy recomme…
Power Construction
EIB Approves €255m Loan for Greek Electricity Network Upgrade
The European Investment Bank (EIB) has approved a loan of €255m for a Greek electricity distribution network upgrade.
Power Construction
Greece's PPC Gets EUR 100m from EIB for Grid Modernisation
The European Investment Bank (EIB) and Greek utility PPC SA (ATH:PPC) on Friday signed an agreement for a EUR-100-million (USD 108m) loan supporting investments…
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