Norway to record oil and gas revenues in 2022
06/03/2023
Norway has recorded record oil and gas revenues in 2022, reaching 1.457 billion kroner, three times more than in 2021, according to official figures released Monday.
Norway has recorded record oil and gas revenues in 2022, reaching 1.457 billion kroner, three times more than in 2021, according to official figures released Monday.
The controversial Nord Stream gas pipeline project under the Baltic Sea remains on hold after sources close to the project said the pipelines would not be repaired or reactivated in the foreseeable future due to geopolitical tensions between Russia and the West.
The French government has announced its intention to divide the greenhouse gas emissions of government services by five by 2050, in order to reach the French and European objective of carbon neutrality in 2050.
The professional unions of renewable energies have decided to challenge before the Council of State the conditions imposed by the government for the return of their profits.
TotalEnergies strengthens its power and renewable energies portfolio with the acquisition of Polska Grupa Biogazowa (PGB), Poland’s leading biogas producer.
Since the Russian occupation of the Zaporijjia nuclear power plant in March 2022, power generation has been interrupted and the plant is now used as a military base. Russian troops are said to be present there in large numbers and the local population is said to have decreased considerably.
The Spanish group Iberdrola confirms France as one of the priority countries in its European growth strategy. With the creation of Iberdrola France and the arrival of Emmanuel Rollin as CEO.
The European Commission is proposing a discussion with the United States to benefit from the subsidies of Joe Biden’s Inflation Reduction Act climate plan, while expressing its concern about multinationals’ investments in Europe.
Lyon-based start-up Carbon has announced the construction of the largest solar panel factory in Europe at the port of Marseille-Fos. With an investment budget of 1.5 billion euros, this plant will produce 5 GW of photovoltaic cells and 3.5 GW of photovoltaic modules annually, and will create more than 3,000 direct jobs.
Finnish energy company Fortum has published its annual financial report for the year 2022, reporting a net loss of more than 10 billion euros. This loss is largely related to the former German subsidiary Uniper and the ongoing withdrawal from Russia.
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