Energy News Beat The chancellor has spoken in favor of relaxing the constitutional ‘debt brake’ mechanism to continue supporting Ukraine German Chancellor Olaf Scholz has called on the country’s parliament to declare a state of emergency over the Ukraine conflict. The head of government said he wants the constitutional ‘debt brake’ mechanism relaxed in order […]
Energy News Beat The European Commission has proposed a clampdown on EU countries’ ability to subsidise clean-tech companies, in a move that is likely to inflame tensions between smaller countries and powerhouses like France and Germany. According to a draft document seen by Euractiv, Brussels wants to halve the generous industrial subsidy limits temporarily […]
Energy News Beat Construction is officially underway on Spain’s largest green hydrogen plant, a joint venture between bp and Iberdrola. The 25 MW facility in Castellón will slash industrial emissions, create 500 jobs and power key industries with clean hydrogen. The first stage involves preparing a 20,000 m² plot next to bp’s Castellón refinery, major […]
Energy News Beat The company reported a profit of $18 million for the quarter ended December 31, 2024, down 49.6 percent compaed to $35.7 million for the same period in 2023. Revenues were $85.2 million for the quarter under review, down 15.7 percent from $101.1 million for the same period in 2023. GasLog Partners said […]
Energy News Beat Kpler said on Thursday, citing unidentified sources, that the most likely candidate is the 170,000-cbm Ertugrul Gazi, owned b Türkiye’s state-owned natural gas and LNG firm, Botas. This unit is serving the Dortyol facility in the southern province of Hatay. However, another possibility is the 180,000-cbm Vasant-1, also owned by Botaş and […]
Energy News Beat BPCL said on Friday the deal with Adnoc Trading, a unit of Adnoc Gas, is “designed as a medium to long-term agreement, allowing BPCL to broaden its LNG sourcing portfolio and thus ensure competitive and dependable gas supplies to cater to India’s escalating energy needs.” According to BPCL, this is its first […]
Energy News Beat [[{“value”:” Donald Trump’s insistence that Europe shares more of the burden for its own defence is an opportunity, Emmanuel Macron said on Friday, as France pushes for a Europe-first approach in the EU’s defence industry plans. The French president agrees with his American counterpart’s view that Europe must take more responsibility for […]
Energy News Beat [[{“value”:” Germany’s stance on the EU’s upcoming Clean Industrial Deal calls for looser state aid rules and deregulation, according to a document seen by Euractiv. First revealed by Contexte, the document lays out Germany’s position on the EU’s forthcoming plan to drive Europe’s industry toward carbon neutrality and to boost competitiveness. Berlin […]
Energy News Beat Russia has said that liquified gas supplies to the South Asian country could increase despite sanctions Russia is increasing liquefied natural gas production and exports despite sanctions and could expand shipments to India, First Deputy Energy Minister Pavel Sorokin told RT at India Energy Week in New Delhi. He stated that Moscow’s […]
Energy News Beat EMYN The marine energy business unit of French shipbuilder Chantiers de l’Atlantique, Atlantique Offshore Energy, has won contracts to carry out preventive maintenance on two substations for future French offshore wind farms. The multi-year maintenance contracts will see Atlantique Offshore Energy provide associated services on electrical substations on the Éoliennes en Mer […]
