December 13 2022 🕓 2 min
Europe announces another interesting hydrogen project
Spain, Portugal and France have agreed to build a pipeline to transport so-called green hydrogen from Barcelona to Marseille.
Tag: commodity
November 28 2022 🕓 2 min
Italy plans 50% windfall tax for energy firms
Italy plans to impose a one-off windfall tax of 50% on the extraordinary income of its energy companies in 2023.
November 27 2022 🕓 3 min
Chevron receives permit for oil production in Venezuela
Chevron has been given permission to resume oil production in Venezuela. All exports are expected to go back to the US.
November 26 2022 🕓 3 min
Why is wind energy in Europe in such trouble?
Europe is in an energy crisis and although we are seeing big growth in solar energy, wind energy is not doing so well. Why is that?
November 26 2022 🕓 2 min
Chinese oil giant invests nearly $2 billion in Brazil
China's CNOOC has bought a stake in a production-sharing contract in the huge offshore Buzios oil field in Brazil.
November 25 2022 🕓 3 min
Ghana wants to buy oil with gold instead of the US dollar
Ghana is struggling with declining foreign exchange reserves. Will this move reduce the depreciation of the Ghanaian currency?
November 23 2022 🕓 2 min
Belarus wants to increase oil transit fee by 39%
Expecting less oil to be transported through its territory, Belarus is demanding an increase in the fee. Ukraine wants to react similarly.
November 20 2022 🕓 2 min
Does Europe have more oil than it needs?
It is possible that we have reached a point where European refineries now have more oil than they need. This is due to fear of shortages.
November 19 2022 🕓 3 min
Are metals ready to extend their rally?
Gold, silver, and platinum failed to move higher after significant price increases. These metals are now at a crucial spot.
November 18 2022 🕓 2 min
UK raises windfall tax on energy companies to 35%
Windfall tax is being introduced in a large number of states. The UK was one of the first and is now increasing its tax.
November 15 2022 🕓 2 min
Germany’s gas reservoirs are 100% full
Germany managed to fill its gas storage tanks to 100% before winter and continues to fill, how is that possible?
November 14 2022 🕓 3 min
Poland and Germany nationalize Gazprom’s domestic assets
Both European countries will nationalize Russian Gazprom's assets on their territory. Is this a step towards better security?