Preliminary production figures for March 2021 show an average daily production of 2 094 000 barrels of oil, NGL and condensate.

The United Kingdom already aims to reduce GHG emissions in 2030 by 68% (excluding IAS) compared to 1990 levels. In June 2019, the country pledged to reach net zero emission by 2050.

There are currently a lot of debates going on about the potential of hydrogen. The question arises as to what role hydrogen will play in the energy transition. In this article you can find out which political regulations have already been made and which changes are just around the corner.

On March 18, US Secretary of State Antony Blinken issued a warning to entities involved in the Nord Stream 2 project that they risk "US sanctions and should immediately abandon work on the pipeline."

The pan-European STOXX 600 index rose 0.3%. The German DAX gained 0.6% to hit an all-time high, while UK’s FTSE 100 was up 0.4%.

The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,

The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.

"We will continue to register any organization that may be involved in any sanctioned activity, and have made it clear that any company risks being penalized for participating in Nord Stream 2," Giordono-Scholz said.

Nuclear output fell more than 2 GW week on week to the lowest average nuclear output since Week 40 in 2020.

Norges Bank Investment Management will pay 1,375 million euros for its 50 percent interest in the offshore wind farm. No external debt financing will be involved in the transaction.

Scientific assessments have made clear that nuclear energy is needed to address the related causes and the challenges ahead of these disruptions. Despite this, the limited recognition this low carbon, dispatchable energy source receives from the European Commission is at best paradoxical, and certainly counterproductive.

The two planned power stations -- Keadby 3 and Keadby Hydrogen -- will form a "clean power hub" near Scunthorpe and accelerate the decarbonization of the Humberside region, the UK's largest and most carbon-intensive industrial cluster.

The pan-European STOXX 600 rose 0.5% by 0720 GMT, adding to gains made earlier this week when the index erased all of its pandemic-driven losses.

European traders returned from a long weekend to push the STOXX 600 up 0.8% to 435.7 points. It has climbed more than 60% from last year’s lows and surpassed its previous all-time high of 433.90 points in February 2020.

The number of cases of low-flying "foreign planes" over the Nord Stream 2's vessels has increased in the second half of March.