Europe

Energy Transition

Plenitude Starts Production at 263 MW Texas Solar Project

The Golden Buckle Solar Project will produce up to 500 GWh per year, with most of the energy produced to be sold to Target Corp.

February 3, 2023

Energy Transition

Energy Transition in Motion (Week of Feb. 3, 2023): Advancing Projects, Investment

Here’s a look at some of this week’s renewable energy news, including a hydrogen partnership between Exxon Mobil and Technip Energies and a ramp up in production from green hydrogen producer Linde Plc.

February 3, 2023

Crude Oil , International

Oil Surges After Strong U.S. Jobs Data

The EU's ban on Russian refined products will begin Feb. 5 with Russia saying it will unbalance markets.

February 3, 2023

Restructurings

Capricorn Energy CFO Smith to Stay on Temporarily After Board Exit

Last week, Smith had resigned from Capricorn Energy amidst plans for a merger with NewMed. 

February 3, 2023

Liquefied Natural Gas , Policy & Regulations , International

Chesapeake CEO, Commonwealth LNG Chair Say Europe Must Prepare for Next Winter

In 2022, Europe raced to fill gas storage with LNG imports; now its focus must turn to next year’s winter, top executives at Commonwealth LNG and Chesapeake Energy said Feb. 1 during a panel discussion at the NAPE summit in Houston.

February 2, 2023

Natural Gas

EU Must Extend Gas Demand Curbs to Prepare for Next Winter

Policymakers should underpin future demand reduction targets by encouraging a structural shift away from gas, says Bruegel. 

February 2, 2023

Crude Oil , Policy & Regulations

TotalEnergies, Iraq See Further Delays to $27 Billion Energy Deal

Amid differences with Baghdad, TotalEnergies has asked its foreign employees in Iraq to leave the country and local staff to work from home.

February 2, 2023

Markets , Liquefied Natural Gas , Natural Gas

European Gas Prices Mixed on Cold Weather Forecast, Strong LNG Flows

British and Dutch wholesale gas prices were mixed on Feb. 2 on cold weather forecasts, reduction in gas storage and Norway outage, although strong flows of LNG were lending some support.

February 2, 2023

Energy Transition , Pipelines

EU Funds Could Finance 30%-50% of France-Spain Hydrogen Pipeline: Enagás CEO

Spain and France have agreed to explore the possibility to build a pipeline to ship green hydrogen between Barcelona and Marseille.

February 2, 2023

Earnings , Liquefied Natural Gas , Crude Oil , Energy Transition

Shell 2022 Profit More Than Doubles To Record $40 Billion

The British company's record earnings, which more than doubled from a year earlier, mirror those reported by U.S. rivals earlier this week and are certain to intensify pressure on governments to further raise taxes on the sector.

February 2, 2023