Eu

Electric Car

Hyundai’s Ioniq 5 to Bring New Innovations to Electric Vehicle Driving

The Hyundai Ioniq 5, the company’s first model in its new battery electric vehicle lineup, is set to become available in selected regions by mid-2021.

Offshore Wind Power

EDP Plans to Build a Floating Offshore Wind Farm in Asturias

EDP plans to invest around 2,000 million euros in the period 2021-2025 and is committed to the development of floating offshore wind power off the coast of Astu…

Market Analysis

Europe Installed 14.7 GW of New Wind Energy in 2020

Europe installed 14.7 GW of new wind energy in 2020. 80% of this was onshore wind.

ITER

European Council Approves Continued Financing for ITER

The European contribution to the project for that period is set at €5.61 billion in current prices.

Tidal Energy

Global Wave And Tidal Capacity Hits 60MW

Project investments exceeded €45m in 2020 mainly in Europe, says Ocean Energy Europe

Carbon Neutral

Huawei Digital Power Zero Carbon Network Solution Is Released, Helping Operators To Achieve Carbon Neutral Targets

Huawei Zero Carbon Network Solution includes Simplified Site, Simplified Equipment Room, Simplified and Simplified DC and Green Power for All

Oil Exploration

Seven Oil Players Apply for Production Licences off Norway

Seven oil and gas companies have applied for production licences in the 25th licensing round on the Norwegian shelf, Norway’s Ministry of Petroleum and Energy …

LNG

Global LNG Demand Expected to Almost Double by 2040

Global liquefied natural gas demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.

Transformer

Fire at Siemens Transformer Plant

A fire has broken out at the Siemens transformer plant in Nuremberg, potentially causing millions of euros in damage.

Offshore Wind Power

Offshore Wind to Power Europe’s Largest Power-to-X Plant

Denmark’s Copenhagen Infrastructure Partners has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to …

Hydrogen Fuel Cell Vehicle

Nikola Announces Hydrogen Fuel Cell-Powered Vehicle Lineup

Nikola Corp on Tuesday disclosed details on its hydrogen fuel-cell-powered product lineup that will include vehicles with a driving range of up to 900 miles.

Natural Gas

Israel and Egypt Discuss Natural Gas Pipeline Link

Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, as they seek to collaborate on exporting the fuel to Europe.

Oil Pipeline

Republicans Sound Alarm Over Major U-Turn by Biden Admin on Russia-to-Europe Gas Pipeline

The report to Congress named two enterprises previously sanctioned by the Trump administration — the Russian pipe-laying ship ‘Fortuna’ and its owner KVT-RUS…

Hydrogen Fuel Stations

Sinopec to Build more Hydrogen Refueling Stations

China Petroleum & Chemical Corporation plans to build about 1,000 hydrogen refueling stations and petrol-hydrogen combined stations in the next five years to pr…

Oil & Gas Trade

Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive

Qatar Petroleum’s recently set a new record for the largest LNG export project ever.