Eni ready to spend more on nuclear fusion in green drive
Italian energy company Eni (ENI.MI) is ready to invest more in a nuclear fusion project it feels could be a game-changer in the race to produce limitless clean electricity to Continue Reading
Mandate vs. Choice: The Debate Is Heating Up Over Electric Vehicle Policy
U.K. Prime Minister Boris Johnson announced that from 2022, new homes and commercial buildings will be required to install EV charging points. This new regulatory framework has sparked a debate Continue Reading
Germany Urges Congress Not To Sanction Nord Stream 2
Germany is warning U.S. Congressional members that sanctions on the Nord Stream 2 pipeline could damage Washington’s credibility and transatlantic relations. The White House has consistently argued that its anti-NS2 Continue Reading
Russia Is Ready To Return To Pre-Pandemic Oil Production
Russia’s Deputy Prime Minister Alexander Novak claimed that the countries oil companies are ready to raise production to pre-pandemic levels If OPEC+ sticks to the original agreement of bringing 400,000 Continue Reading
Kremlin: new gas transit deal talks with Ukraine hinge on gas demand in Europe
Talks on new gas transit deal with Ukraine depend on demand for the Russian gas in Europe and availability of buyers, Dmitry Peskov, Kremlin spokesman, told reporters on Tuesday. The Continue Reading
bp plans major green hydrogen project in Teesside; 60 MWe production by 2025, 500 MWe by 2030
bp confirmed it is planning a new large-scale green hydrogen production facility in the North East of England that could deliver up to 500MWe (megawatt electrical input) of hydrogen production Continue Reading
Oil Rebounds After Rout as Traders Size Up Threat From Omicron
Oil rebounds from Friday’s rout. Bloomberg’s Anthony DiPaola reports. Oil rebounded from Friday’s omicron-driven rout as traders assessed the risks to global demand from the new variant, and speculation mounted Continue Reading
Oil rebounds on speculation OPEC+ may pause output increase
Oil prices rebounded on Monday as investors looked for bargains after Friday’s slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, Continue Reading
Omicron threatens oil demand recovery, already hit by Europe’s rising COVID cases
Asian oil refiners’ margins have slumped to the lowest in nearly five months amid worries that the Omicron coronavirus variant could deal another blow to oil demand recovery, already hit Continue Reading
The Geopolitical Game That Could Transform Gas Markets
An apparent detente between the UAE and Turkey could be one of the most significant geopolitical developments in the region for decades If Mohammed bin Zayed can succeed in exploiting Continue Reading