Canada said on Thursday it was in talks with Germany to resolve an issue with a Siemens Energy turbine for Russia's Nord Stream 1 pipeline that was sent to Canada for maintenance, reducing gas supply to Europe.
The German government is preparing to lend billions to rescue a former arm of Gazprom PJSC now under the control of the country’s energy regulator, according to people familiar with the matter.
If successful, it would become the world’s tallest 3D-printed structure.
The renewable electricity generation capacity of Eesti Energia, operating in Finland, the Baltic States and Poland, will have nearly quadrupled by the end of 2026 compared to today, as the strategy of the energy group envisages for the next five years. During that period, Eesti Energia plans to invest approximately 2 billion euros in new development projects, most of which will go for new wind farms and solar parks.
In a major push to India's green energy drive, Adani Green Energy Limited (AGEL) 0.11% subsidiary Adani Hybrid Energy Jaisalmer One Limited has commissioned a 390 MW wind-solar hybrid power plant at Jaisalmer.
Russia’s oil and gas revenues hit another record high despite sanctions designed to hurt the Russian economy. The removal of some Russian oil from markets only served to send oil prices higher, boosting revenues from the oil that it is able to sell. There is no way to remove Russian oil from the market entirely without sending oil prices much higher, possibly above $200.
State-controlled Romgaz SA, which is taking over Exxon Mobil Corp.’s 50% stake in the Black Sea project, said operator OMV Petrom SA will likely re-evaluate the development after a surge in energy prices and construction costs.
On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures in Russia. Since then, Equinor has halted all new investments into Russia, stopped trading oil and gas products from Russia and announced an impairment of USD 1.08 billion on the balance sheet as of 31 March 2022.
The Sulzer Board of Directors has decided to initiate the process of exiting the Russian market.
A key solution for the future of green mobility, e-fuels are synthetic fuels – e-methane, e-kerosene, e-diesel, etc. – produced from renewable electricity, which may be in gas or liquid form. ENGIE has stepped up to advance the sector by launching a number of projects.