The United States has increased oil supply to Europe in July for the first month since May, making up for output cuts from OPEC+ members, according to traders and Refinitiv Eikon data. US crude supply to Europe reached nearly 31 million barrels in July, according to Refinitiv Eikon data as …
Read More »EU Bank Greenlights €2bn for Global Energy Projects
That includes investment in energy efficiency and clean energy projects that support the transition towards a low carbon economy.
Read More »EU Approves Ireland’s New Renewable Aid Scheme
The Irish Government intends to introduce the Renewable Electricity Support Scheme (RESS) for green power production from sources including solar and wind farms.
Read More »Tech that Turns CO2 into Animal Feed Lands £3m Funding
The process uses microbes to convert carbon dioxide emissions and turn them into high-value proteins.
Read More »EU Tells US: Stop Threatening Our Companies with Sanctions
The European Union (EU) is warning United States (US) President Donald Trump’s administration to hold off threatening trade sanctions against EU companies involved in the completion of new German-Russian and Turkish-Russian natural gas pipelines and instead discuss differences as allies. This week, the Trump administration warned companies involved in the …
Read More »Onshore Renewables Could Pump £28.9bn into UK Economy by 2035
A £66.5bn potential investment opportunity for the UK could be unlocked if the government takes the necessary measures, according to a new report.
Read More »Greencoat Renewables Acquires 50% Stake in Irish Wind Farm
This acquisition brings the company’s portfolio of wind assets to an installed capacity of 538MW.
Read More »US Toughens Stance against Gas Pipelines to Europe
The United States on Wednesday hardened its efforts to prevent the completion of new German-Russian and Turkish-Russian gas pipelines by ending sanctions exemptions for companies involved in the projects and warning they will be subject to US penalties unless they halt their work. US Secretary of State Mike Pompeo announced …
Read More »Offshore Wind Will Prove Critical for Europe to Hit Its 2050 Targets
Politicians from across the continent have stated a new European offshore wind framework is needed to help overcome the barriers presented during the deployment of joint and hybrid projects between countries.
Read More »EV Sales Soar by 73% During UK Car Sales Turmoil in June
Over this period, petrol engines have seen a 40% decline, while diesel car sales have dropped by almost 60%.
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