Shetland renewable link approval likely
Transmission
A £709-million underwater electricity link to help Shetland export renewable electricity to mainland Britain has moved a step closer with
Archive for March 2019
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EIB looks to fund Cyprus gas infrastructure
Policy
Cypriot Finance Minister Harris Georgiades says the Republic of Cyprus is in talks with the European Investment Bank (EIB) over
Novak promises Russian compliance with Opec+ cuts
Industry
Russian Energy Minister Alexander Novak says the country’s oil producers will be fully compliant with Opec-led supply cuts over the
Will Europe really quit coal?
Consumption
Within the last two years, governments across Europe have pledged to rid their power sectors of coal. In January 2018,
Gazprom: China pipeline to be ready three months early
Production
Russia’s de-facto gas export monopoly Gazprom says it will start filling the Power of Siberia pipeline to China from September
UAE aims to boost renewable production
Transmission
As Europe struggles to meet its renewable commitments under the 2015 Paris climate agreement, the United Arab Emirates is trying
Goldman increases oil price forecast
Policy
Goldman Sachs says demand for oil is rising faster than expected, putting Brent crude, the international benchmark for oil prices,
Volkswagen eyes 50% EV boost
Storage
Volkswagen’s CEO Herbert Diess says the German car giant is increasing by 50 per cent the number of electric vehicles
Shell defends CEO’s €20m pay
Industry
Royal Dutch Shell has defended a 126-per-cent increase in pay to its CEO Ben van Beurden, who received €20 million
US commission sues Volkswagen and ex-CEO
Industry
Volkswagen this week faced a lawsuit accusing it of defrauding US investors with the Securities and Exchange Commission (SEC) saying
Rosatom hails progress on Turkish nuclear plant
Production
The laying of the foundation for the first reactor of the Akkuyu nuclear power plant (NPP) has been completed, according
MEPs vote to stop Nord Stream, despite its rapid progress
Policy
The European Parliament, which faces re-election in early May, has adopted a resolution expressing the need to stop the Russia-Germany
Ireland offshore potential ‘massive’: renewables boss
Environment
Offshore wind energy over the next decade could enable Ireland to decarbonise its heat, transport and industry, argued sustainable energy
Petrofac boss loses Italian legal appeal
Industry
The boss of oil services firm Petrofac, which designs, builds and operates oil and gas terminals, has lost his appeal
North Sea strike could be extended: union
Production
Striking North Sea employees, who work indirectly for Total, say they are in “good spirits” and remain “determined to see