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Europe
Crude Oil
2022-03-09
U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.
Electric Vehicle Battery
2022-03-08
Aston Martin Inks Deal to Develop EV Batteries with UK Start-Up Britishvolt
Aston Martin is to work with Britishvolt on the development of “high performance battery cell technology,” as the carmaker gears up to launch a battery-electric vehicle in 2025.
Nuclear Power Plant
2022-03-09
Ukraine Regulator's Concerns Over Nuclear Sites
The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) has expressed growing concerns about the situation at Chernobyl and at Zaporozhe, where Ukrainian nuclear power plant staff are working on sites under the control of Russian forces.
Natural Gas
2022-03-08
Russian Gas Continues to Flow into Europe on Main Pipeline Routes
Russian gas delivered through the Yamal-Europe pipeline via Poland was flowing westward into Germany on Tuesday morning, and flows into Slovakia via Ukraine remained at recent high levels, pipeline operator data showed.
Hydrogen Storage
2022-03-08
RWE to Develop Brand New German Hydrogen Storage Facility by 2027
A brand-new initiative is set to be developed in Gronau, Germany, as RWE Gas Storage West looks to develop a hydrogen storage facility by 2027.
Net Zero Emission
2022-03-08
Net Zero Technology Centre Opens New £10m Initiative Programme to Support Hydrogen Innovation
The UK’s Net Zero Technology Centre has launched its £10m ($13m) open innovation programme that is aiming to support zero-emission technologies with hydrogen a key focus area for it, revealed today (March 8).
Natural Gas
2022-03-08
Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine
Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.
Oil Price
2022-03-08
Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply
Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through on threats to cut energy supplies from Russia
Crude Oil
2022-03-08
Shell to Buy Russian Crude and Use Profits to Help Ukraine
Shell, Europe’s largest oil company, said Saturday that it would probably continue to buy Russian crude oil to feed into its refineries and supply customers with gasoline and diesel but would donate any profits to a fund
Oil Price
2022-03-08
Want Lower Oil Prices? First You Need Higher Ones
There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall Street analysts, who say there is not enough supply to impede crude prices from their relentless surge.
Oil Price
2022-03-08
Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction
High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from Russia
Oil & Gas Trade
2022-03-08
US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says
US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners are exploring a ban on Russian oil imports, US Secretary of State Antony Blinken said on Su
Hydrogen Technology
2022-03-08
UAE and Austria Sign Pact to Deepen Partnership in Hydrogen Technology Development
Deal builds on Comprehensive Strategic Partnership signed by the two countries last July
Natural Gas
2022-03-08
How Europe Can Reduce Its Dependence on Russian Natural Gas
Europe’s dependence on natural gas from Russia has given President Vladimir Putin leverage over the European Union, making it hard to impose energy sanctions on the country as punishment for its invasion of Ukraine.
Natural Gas
2022-03-08
EU Says Independence From Russian Gas Is Possible Within Years
The European Union could wean itself off Russian gas within years and start curbing its reliance within months, the European Commission’s climate policy chief said on Monday.
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Indian renewable power firm Clean Max raises about $575 million
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Naturgy to Invest Over €300 Million in Nuevo Leon
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Norway’s First Floating Wind Tender Attracts Two Bids