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Business / 

Energy
All subcategories Energy Finance Trade Transport Companies Hi-Tech

    • Biden set to cripple Trump mega pipeline project 19 January, 2021

      Biden set to cripple Trump mega pipeline project

      • Energy
      • Europost

      US president-elect Joe Biden vowed to revoke the permit for Keystone XL pipeline multi-billion project, AP reported. The project was one of the pearls in the crown of the outgoing president Donald Trump.

      28
    • US mulls sanctions for European firms over Nord Stream 2 13 January, 2021

      US mulls sanctions for European firms over Nord Stream 2

      • Energy
      • Europost

      The US State Department addressed European companies and reaffirmed threat to impose sanctions targeted at everyone involved in the construction Russia’s Nord Stream 2 gas pipeline, Reuters reported.

      45
    • Lockdowns in Europe undermine fuel market growth 08 January, 2021

      Lockdowns in Europe undermine fuel market growth

      • Energy
      • Europost

      The surge of Covid-19 in Europe provoked new lockdowns and thus limited the travel options. The latter pressed down the expected recovery of the fuel market. Most of Europe is now under strictest restrictions, according to the Oxford stringency index quoted by Reuters, which assesses indicators such as school and workplace closures, and travel bans. In November only four European countries had imposed similar lockdowns.

      45
    • Saudi Arabia cuts oil production by 1m barrels to back higher prices 06 January, 2021

      Saudi Arabia cuts oil production by 1m barrels to back higher prices

      • Energy
      • Europost

      Saudi Arabia has officially declared plans to reduce pumping of crude oil by some one million barrels per day to support the level of international prices, AP reported. Thus Saudi companies will take extra burden amid on-going plans to boost OPEC output by 500,000.

      40
    • Azerbaijan starts gas export to Greece, Bulgaria and Italy 31 December, 2020

      Azerbaijan starts gas export to Greece, Bulgaria and Italy

      • Energy
      • Europost

      Azerbaijan started commercial natural gas exports to Europe via the US-backed Southern Gas Corridor, helping the region to diversify supplies away from Russia, Bloomberg reported. Gas pumped from the BP Plc-led Shah Deniz deposit in the Caspian Sea began flowing into Italy, Greece and Bulgaria on Thursday, BP and Azerbaijan’s state energy company Socar said in a joint statement.

      89
    • London mulls £20bn nuclear deal 14 December, 2020

      London mulls £20bn nuclear deal

      • Energy
      • Europost

      The United Kingdom has began talks to facilitate a deal to build a new nuclear plant. The new energy structure is planned to be located in Suffolk, Reuters said. The projected output is estimated at 3,2 gigawatts of electricity. That would be enough to cover some 7% of country’s energy needs. The government has begun talks with French EDF about the construction of the new nuclear power plant.

      79
    • RWE, Equinor, join NorthH2 hydrogen project 07 December, 2020

      RWE, Equinor, join NorthH2 hydrogen project

      • Energy
      • Europost

      The German leading utility company RWE and Norwegian oil and gas firm Equinor have decided to join forces in an initial phase of a Dutch initiative to make “green” hydrogen by using offshore wind power.

      140
    • Oil suffers as more pandemic lockdowns emerge 07 December, 2020

      Oil suffers as more pandemic lockdowns emerge

      • Energy
      • Europost

      Crude prices were under pressure as oil demand fell amid further lockdowns emerged across the globe. Top consumers shun the market as crude inventories stayed at record highs.

      80
    • Russian ships move to resume Baltic pipeline construction 06 December, 2020

      Russian ships move to resume Baltic pipeline construction

      • Energy
      • Europost

      A Russian pipe-laying ship sailed into position Saturday to resume construction of a German-Russian gas pipeline in the Baltic Sea that the United States has vehemently opposed.

      100
    • Eni spends $545m to join world’s largest wind farm 04 December, 2020

      Eni spends $545m to join world’s largest wind farm

      • Energy
      • Europost

      Italy’s Eni has said would acquire a 20% stake in the project known as Dogger Bank Wind Farm development. The seller will be Norway’s Equinor and Britain’s SSE and the value of the transaction is estimated at a combined 545 million dollars, the companies said, quoted by Reuters.

      88
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plakat
In brief
  • Biden set to cripple Trump mega pipeline project

    news image title 19 January, 2021

    US president-elect Joe Biden vowed to revoke the permit for Keystone XL pipeline multi-billion project, AP reported. The project was one of the pearls in the crown of the outgoing president Donald Trump.

    28
  • US mulls sanctions for European firms over Nord Stream 2

    news image title 13 January, 2021

    The US State Department addressed European companies and reaffirmed threat to impose sanctions targeted at everyone involved in the construction Russia’s Nord Stream 2 gas pipeline, Reuters reported.

    45
  • Lockdowns in Europe undermine fuel market growth

    news image title 08 January, 2021

    The surge of Covid-19 in Europe provoked new lockdowns and thus limited the travel options. The latter pressed down the expected recovery of the fuel market. Most of Europe is now under strictest restrictions, according to the Oxford stringency index quoted by Reuters, which assesses indicators such as school and workplace closures, and travel bans. In November only four European countries had imposed similar lockdowns.

    45

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