Appetite for gas limited despite EU ‘green’ label plan

Natural gas and nuclear power are set to be included in the EU taxonomy for sustainable activities, albeit on a transitional basis.

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The deal helped smooth over disputes over who should carry the largest burden of cutting Russian gas use.

Uruguay is the latest South American country to unveil a green hydrogen roadmap, but unlike some other aspiring producers and exporters of the emerging resource, the government has not yet relinquished plans to drill for oil and gas.

BP saw record Q2 earnings on the back of high oil and gas prices but like its peers much of the surplus will go to share buybacks or dividends, with little extra ear-marked for energy transition projects or new oil and gas output.

Germany is in the process of adopting a number of laws that it hopes will help speed up the energy transition and achieve an 80% renewables target in the electricity sector by 2030.

29.07.2022

The Philippines is trying to revamp its power sector by building more gas to power projects along with several LNG import terminals, however there’s growing concern that LNG might not be the best option going forward.

The lawsuit claims the federal government’s auctioning off of public lands for oil and gas is illegal in light of the climate crisis.

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The deal helped smooth over disputes over who should carry the largest burden of cutting Russian gas use.

Uruguay is the latest South American country to unveil a green hydrogen roadmap, but unlike some other aspiring producers and exporters of the emerging resource, the government has not yet relinquished plans to drill for oil and gas.

BP saw record Q2 earnings on the back of high oil and gas prices but like its peers much of the surplus will go to share buybacks or dividends, with little extra ear-marked for energy transition projects or new oil and gas output.

Germany is in the process of adopting a number of laws that it hopes will help speed up the energy transition and achieve an 80% renewables target in the electricity sector by 2030.

29.07.2022

The Philippines is trying to revamp its power sector by building more gas to power projects along with several LNG import terminals, however there’s growing concern that LNG might not be the best option going forward.

The lawsuit claims the federal government’s auctioning off of public lands for oil and gas is illegal in light of the climate crisis.