Europe

UAE Energy Minister believes oil demand could recover by the end of 2021

According to recent reports, United Arab Emirates Energy Minister Suhail al-Mazrouei has commented on a potentially updated timeline for a return to form for global oil demand. He believes that global demand will make a somewhat optimistic return to pre-pandemic level by the end of 2021 or early 2022.

Total and Engie Partner to Develop France's Largest Site for the Production of Green Hydrogen from 100% Renewable Electricity

otal and Engie have signed a cooperation agreement to design, develop, build and operate the Masshylia project, France's largest renewable hydrogen production site at Châteauneuf-les-Martigues in the Provence-Alpes-Côte d'Azur South region.

Energy minister pushes to diversify energy sources with 'hydrogen-ready' gas pipelines

After the EU turned down funding for natural gas energy infrastructure to focus on clean-hydrogen networks, Malta’s application for a proposed pipeline from Malta to Sicily was denied.

Eni Considers More Renewable Fuel Production in Italy

Eni SPA of Italy is designing new renewable fuel projects in the country, including a conversion of its 84,000 barrel per day Livorno refinery into a biorefinery for hydrotreated vegetable oil production and a new waste to methanol plant. Both projects are scheduled by Eni to be in operation by the end of 2024.

ReneSola Power and Eiffel Investment Group Announce MOU for Joint Venture to Fund Solar Development in Europe

ReneSola Ltd, a leading fully integrated solar project developer, today announced that it signed a Memorandum of Understanding (MOU) with Eiffel Investment Group ("Eiffel"), a leading asset management firm with 3 billion euros under management, to establish a joint venture that will provide financing for ReneSola Power's current and future solar projects across Europe.

German State to Create Foundation to Facilitate Nord Stream 2 Pipeline Completion

FRANKFURT (Reuters) — The German state of Mecklenburg-Vorpommern plans to set up a foundation to facilitate the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany and to fend off the threat of increased U.S. sanctions that halted work last year.

ENCAVIS is already completing the second major Spanish project to the power grid on time.

The SDAX-listed wind and solar park operator Encavis AG, fed yesterday the first kilowatt hours (KWh) from the largest solar park in the group's portfolio "Talayuela" into the Spanish high-voltage network.

Enel Green Power connects to the grid its first two solar plants in Malaga

Enel Green Power, through its renewable energy arm Enel Green Power España (EGPE), has completed the construction of the photovoltaic plants of La Vega I and La Vega II, located in the municipality of Teba.

Ellomay Capital Announces the Successful Connection of the Talasol Photovoltaic Plant to the Spanish Electricity Grid

Ellomay Capital Ltd., a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that the photovoltaic plant constructed by Talasol Solar S.L. (“Talasol”) in the municipality of Talaván, Cáceres, Spain, with a peak capacity of 300MW, was connected to the electricity grid and electricity production commenced. In parallel, hot commissioning tests have been initiated by the EPC contractor. The Company indirectly owns 51% of Talasol.

Refinery shutdowns continue, likely more in 2021

As the coronavirus pandemic decimated global demand in 2020, refineries around the world reacted immediately with a variety of methods to survive. Temporary shut ins, cold circulation, conversion to renewable production, and outright refinery closures all became commonplace as responses to the pandemic effect.

Galp expected to shut in its Matosinhos refinery to focus on larger Sines facilities

Galp of Portugal recently announced that it was planning to permanently shut in hydrocarbon production at the smaller of its two refineries operating in Portugal. The company will instead further develop the larger Sines refinery due to the continuing demand destruction from the COVID-19 pandemic.

Start of construction Vopak Solar Park Eemshaven

Vopak Solar Park Eemshaven is starting construction of its solar park located in Eemshaven in the province of Groningen. The new solar park will have a capacity of approximately 25 megawatts, which equates to an average consumption of approximately 8,000 Dutch households. The subsidy and permit processes as well as the financing have been successfully completed.

Greece extends its import influence

DESFA, the operator of the Greece natural gas transmission system, has been awarded the operation and maintenance services of Kuwait’s newest LNG import terminal. The 11.5m t/y Al Zour LNG import terminal, currently under construction for 2021 will have eight storage tanks with a capacity of 225,00..

Croatia poised to become Europe's next importer

Croatia’s first floating, storage and regasification unit (FSRU) has arrived at the terminal site on Krk Island in the Adriatic Sea. The LNG Croatia FSRU, formerly known as the LNG vessel Golar Viking, was converted in China and delivered in mid-September. It has just arrived from the 6.4m t/y Sagu..

Russia Restarts Nord Stream 2 Pipeline Construction Despite U.S. Sanctions

MOSCOW (Reuters) - Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.

Sungrow Supplies Central Europe’s 100 MW PV Plant in Hungary

Sungrow, the global leading inverter solution supplier for renewables, announced that the Company supplied its medium-voltage inverter solutions to a 100 MW solar park in Kaposvàr, south-west Hungary, which is one of the largest PV projects and biggest investment of this nature in entire Central Europe, committing to support Hungary’s climate policy targets, including energy production in a carbon-neutral way by 2050.

The Refinery Restructuring Trend Continues Across Europe

Neste of Finland recently announced that it plans to shut in the refining operations at its 58,000 barrel per day Naantali refinery by the end of March 2021. This complex’s closure decision had been accelerated by the substantial decline in oil demand worldwide, in addition to competition from Asia and from environmental rulings.

Trans Adriatic Pipeline Explores Feasibility of Blending Hydrogen

Developers of the Trans Adriatic Pipeline (TAP) have started feasibility studies on blending hydrogen with the natural gas the pipeline will bring in from Azerbaijan, the TAP head said.

France has its sights on offshore

France’s highest court, the Council of State, has rejected an appeal against Iberdrola’s offshore windfarm project in Brittany, in the countries Northwest. Iberdrola is the sole owner of the planned 2.4 billion euro, 62-turbine, 496MW Saint-Brieuc windfarm, which will be located 16km off the French..

Neste of Finland to Shut in Naantali Refinery Next Year

Neste of Finland recently announced that it was planning to shut down the refinery operations at its Naantali facility by April 2021. This decision was made due to the pandemic driven decline in demand.

Minesto reaches historic milestone – delivers first tidal energy to the Faroese grid

As a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with the utility company SEV

Green industrial revolution in UK but does solar count

Despite the ongoing social and economic issues surrounding Covid-19 the United Kingdom government has issues its plans for a green industrial revolution. The policy paper announced by the UK Prime Minister Boris Johnson has a slogan of “Building back better, supporting green jobs, and accelerating our path to net zero”

The UK's Green Industrial Revolution

The UK’s Green Industrial Revolution The UK recently announced an ambitious 10-point plan for a Green Industrial Revolution. Including clean energy, the blueprint will allow the UK to forge ahead with eradicating its contribution to climate change by 2050. Central to the plan is the further develo..

Italy Pens Draft for National Hydrogen Strategy

Italy has released a draft National Hydrogen Strategy in an ongoing effort to reduce reliance on fossil fuels and invest in renewable energy.

Support for wind's growth

The International Energy Agency (IEA) report, Renewables 2020 released on 10 November 2020, proclaims that renewable power is defying the Covid crisis with record growth this year and next. It goes on to say that renewables will account for almost 90% of the increase in total power capacity worldwide in 2020 and will accelerate in 2021 to their fastest growth in the last six years. Wind and solar additions are set to jump by 30% in both the United States and China as developers rush to take advantage of expiring incentives.

Nord Stream 2 Sanctions Included in U.S. Defense Bill

WASHINGTON (Reuters) - Sanctions that could hinder one of Moscow's most important projects in Europe, the Nord Stream 2 natural gas pipeline, have been included in the annual U.S. defense policy bill, two congressional aides said on Wednesday.

McDermott wins contract for large Russian ethane cracking project

McDermott International, Ltd recently announced it had secured the upcoming phase for the large ethane cracker project from China National Chemical Engineering & Construction Corporation Seven, Ltd (CC7).

Azerbaijan to Proceed with Gas Pipeline Extension, Despite War

BAKU (Reuters) - Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.

Shell announces plans to reduce its refining portfolio

Royal Dutch Shell recently announced that it plans to reduce its refinery portfolio down to a count of six as the company plans to increase its lower carbon projects and to further support future cash planning. A time frame was not specified but could be completed in the next five years.

An Arctic solution

Novatek’s plans to build two LNG trans-shipment terminals in Russia have taken a step closer to becoming realized. Two giant FSRU’s are on order with Daewoo’s Geoje shipyard in South Korea for delivery by end-2022, although they may not be operational until 2023/24. Each one is expected to have a storage capacity of 360,000cm, and be capable of receiving shipments from Novatek’s expensively assembled Arc7 Arctic-class fleet and transferring it to more conventional vessels for onward delivery.

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