Total gets fastest start on net zero race among Europe oil majors
Total SE has had the fastest start in the race between oil supermajors to achieve net zero carbon emissions.
Europe
Europe sets new record for wind turbine orders in 2020
European countries ordered a record 15 gigawatts (GW) of wind turbines in 2020, an increase of 74% on 2019.
Small North Sea start-up facing ‘frightening’ Brexit costs
The head of a small North Sea start-up company has said he is “frightened” by rising export costs due to Brexit.
Russia pushes ahead with Nord Stream 2 before US sanctions
Russia is stepping up work on the Nord Stream 2 pipeline before the US tightens sanctions against the controversial project designed to feed more natural gas into Germany.
Europe seeks $940bn boost for giant offshore wind farms
The European Union wants a massive increase in offshore wind to help clean up the electricity industry and aid the recovery after the pandemic.
Oil rises with China economic recovery, US ruling out lockdown
Oil has risen on optimism over China’s recovery from a virus-led demand crash and as advisers to President-elect Joe Biden ruled out a national lockdown to curb the spread of Covid-19.
Ineos launches new clean hydrogen business
Chemicals giant Ineos has launched a new business aimed at developing and building clean hydrogen capacity across Europe.
Europe’s CCS projects boosted by increased funding
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.
Less than half of global green hydrogen pipeline to be operational by 2035 – Rystad
Biting costs mean less than half of the planned pipeline of green hydrogen projects globally is likely to be up and running by 2035, according to Rystad Energy.
BGS Online: Revolutionary approach in the event industry
Extraordinary times call for extraordinary solutions. In response to the travel constraints in Europe, BGS Group, the organizer of PRC Europe 2020, has announced the launch of a new virtual platform - BGS online.
Hydrogen Triple Alliance formed to speed up use of green fuel in Europe
Three green hydrogen projects have teamed up to try and overcome issues around connecting stakeholders, end users, policymakers and communities.
Virus era threatens Europe’s war on dirty imports
Europe’s plan to put a price on dirtier imports risks getting caught up in global trade tensions as the fallout from the coronavirus pandemic eclipses climate change as the biggest challenge for governments.
Oil falls with pandemic-hit economies crimping demand outlook
Oil fell as economic signals out of Europe and Asia flashed warning signs about the rebound in crude consumption.
Joint venture between Petrofac and SOCAR secures £77m contract with BP Azerbaijan
A joint venture between UK-headquarterd energy services firm Petrofac and Azerbaijan’s state oil company has secured a £77 million contract with BP Azerbaijan.
BP ‘will look very different’ within the decade, says Europe and UK chief
BP “will look very different” in five to 10 years’ time according to the man who oversees its business across Europe and the UK.
Neptune joins European clean hydrogen alliance
Neptune Energy has joined the European Clean Hydrogen Alliance, supporting the development of the EU’s hydrogen strategy.
Europe pledges green recovery with historic stimulus programme
The European Union proposed making its climate-neutrality strategy a key pillar of a 750 billion-euro ($824 billion) recovery plan in a bid to boost economic growth and create new jobs.
Battery swap could ease range ‘anxiety’ for electric vehicles
My recent Energy Voice article comparing Battery Electric Vehicles (BEV) with Hydrogen Fuel Cell Electric Vehicles (FCEV) generated some interest. To my mind the BEV has clear benefits from an energy efficiency standpoint, as an FCEV requires twice the energy of a BEV.
European gas demand under pressure
The impact of coronavirus has not been felt as strongly by the gas industry as oil, Rystad Energy’s CEO Jarand Rystad has said, although increasing LNG production seems set to keep prices under pressure this year.
Wind turbine orders hit £60bn over 2019, Woodmac finds
Global wind turbine orders reached almost £60 billion in 2019, according to new research by Wood Mackenzie (Woodmac).
US oil majors are snubbing climate-conscious rivals in Europe
Don’t count on America’s oil giants to join their rivals across the pond in ambitious efforts to cut carbon dioxide emissions.
Russia and Ukraine reach agreement on gas transit to Europe
Russia and Ukraine have agreed to continue sending gas through Ukraine to Europe for five years.
North Sea copter firm finds way round potential no-deal Brexit pickle
Belgian helicopter operator NHV has secured key documentation to help ensure Brexit does not disrupt its North Sea operations, the firm said today.
Energy generators to get £1bn windfall as power subsidy set to restart
British electricity generators can expect a £1 billion windfall after a European Commission decision that could restart a controversial subsidy scheme which was accused of favouring fossil fuels.
Solo plans European reorientation
London-listed Solo Oil is cutting assets it no longer sees a future in and shaking up its personnel, in part of its drive to become a mid-cap exploration and production company.