The Green Brief: Why Brussels hates price caps on fossil fuels
Electricity prices in Spain rose by 32.2% during the first half of 2022, an increase of more than double the average of other EU countries (13%).
German regional chief: Russian gas should be used after war
Germany should use Russian gas once the Ukraine war is over and keep nuclear plants running longer, Saxony’s Prime Minister Michael Kretschmer said during Climate Action Minister Robert Habeck’s visit to the region on Tuesday.
The energy crisis gives the US a chance to woo big European companies
…over European corporate decisions for years. Even as companies invest in green energy and improve energy efficiency, some are also rethinking their geographic footprint. BASF…
Housebuilders need tough love — and fresh thinking
…from the Future Homes Standard, overdue requirements on low-carbon heating and energy efficiency and other measures related to the energy transition. Gove, in his…
UAE warns against underinvestment in oil, gas at Abu Dhabi conference
The United Arab Emirates is committed to investing in oil and gas, even as the world seeks more renewable energy.
US to reach peak shale oil output of 16.1 mln bpd by 2030
US shale oil production will peak in 2030, when the figure will hit a record-breaking 16.1 mln barrels per day (bpd).
Oil to remain most in-demand global fuel until 2045 – OPEC
Oil will remain the most in-demand fuel until 2045, although its share in world consumption will begin to decline.
East Coast Diesel Prices Are Soaring
Weekly statistical data reported by the EIA this week had PADD 1 inventories of ultra low sulfur diesel at 21.3 million barrels for the week ended Oct. 21, a more than 7% decline in just one week.
Global oil demand will reach 110 mln bpd by 2045 – OPEC report
Global oil demand can grow by 13 million barrels per day (bpd) by 2045 compared to the demand in 2021 to 110 mln bpd.
Revealed: How Germany stepped in to delay EU’s ‘green’ hydrogen rules
Shortly after its appointment last year, the new German government interfered in Brussels to influence draft EU laws regulating the production of renewable hydrogen, resulting in almost a year of delay, EURACTIV can reveal.