During the visit of the President of the European Commission and the Secretary General of NATO to the Troll field platform, Norway announced that it would maintain its gas deliveries at their current level.
Repsol is abandoning its gas liquefaction project on Canada’s east coast, underscoring the challenges faced by companies seeking to supply European markets with clean energy due to high transportation costs.
California looks back at the December 2022 natural gas price spike that saw the daily spot price of natural gas reach a record high. The CPUC has launched an investigation to examine the causes and impacts of this volatility.
A network of hydrogen pipelines linking six European countries is being developed to meet the growing demand for synthetic fuel and reduce greenhouse gas emissions.
To finance the acquisition of Siemens Gamesa, Siemens Energy successfully raised more than €1.25 billion through the sale of new shares. This operation will enable the company to strengthen its position as a leader in energy transition and to increase its share capital by 10%.
As a result of increased transportation costs, crude oil shipments purchased by Indian refiners have exceeded the ceiling set by Western countries and Australia.
Observed this week, OPEC+ is reassuring about the decline in oil prices. According to some of the group’s delegates, this drop is more related to financial fears than to an imbalance between supply and demand. The group of oil producers therefore expects the market to stabilize soon.
France is pushing to include nuclear power in the European Union’s renewable energy targets, but seven other countries oppose it, saying it could slow the development of renewable energy needed to meet climate goals.
Innagreen and ANEDLP have announced the acquisition of the 200 MW Bekevar wind project from RES. Funded by the Infrastructure Bank of Canada and NORD/LB, the project will contribute to Saskatchewan’s energy transition.
Susgen has sold JBM Solar to RWE. This successful sale will allow Susgen to focus on identifying new partners to accelerate the transition to net zero, while enabling the development of their standalone storage pipeline.
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