Energy, Oil & Gas

European Commission selects 77 net-zero projects for $3.8bn funding

The European Commission has awarded €3.4 billion ($3.8 billion) to 77 net-zero technology projects across Europe to accelerate industrial decarbonisation, strengthen clean technology supply chains and advance the European Union’s target of achieving climate neutrality by 2050....

Energy, Oil & Gas

EU plans centralised energy purchases as prices rise

European Commission President Ursula von der Leyen has announced plans to strengthen joint energy purchasing across the European Union as rising gas and diesel prices increase pressure on member states and consumers....

Energy, Oil & Gas

EU backs nine hydrogen projects with $1.3bn funding

The European Commission selected nine hydrogen projects across seven EEA countries under the European Hydrogen Bank auction. Backed by €1.09 billion ($1.3 billion) in EU funding, they aim to deliver 1.1GW electrolyser capacity, producing 1.3 million tonnes of hydrogen....