Tuesday, November 24, 2020
Tags Net-zero emissions

Tag: Net-zero emissions

Hungary adopts new climate law to reach net-zero targets by 2050

Today the Hungarian Parliament passed a new law that confirms climate-neutrality by 2050 as a legally binding obligation.

Energy companies strive to turn the crisis into opportunity

Due to the double impact of the global virus outbreak and its cascading economic effects, companies had to adapt quickly to the rapidly escalating situation and restructure their operations along with their business portfolio.

BP reports a cash imbalance but commits to delivering its net-zero ambition

BP reports a cash imbalance in the first quarter of 2020 due to lower prices, demand destruction in the downstream and a lower contribution from oil trading.
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BIF IV Europe and Mansa Investments to launch a tender offer for 100% of Polenergia’s shares

BIF IV Europe Holdings in cooperation with Mansa Investments, intend to launch a tender offer for 100% of the shares in Polenergia, advised by Dentons, in a move to delist the company from the Warsaw Stock Exchange.

European Commission approves state guarantee for Klaipėda LNG terminal in Lithuania

The European Commission has approved a Lithuanian measure to issue a state guarantee for securing a loan for KN to purchase a Floating Storage and Regasification Unit for the LNG terminal of Klaipėda.

Think tank Ember models a pathway to a coal-free Czechia by 2030

Energy think tank Ember has modelled a pathway to a coal-free Czechia by 2030. There is a feasible route, the lowest cost one being a strong focus on wind and solar, without replacing coal generation with fossil gas.

Pál Ságvári appointed VP for international affairs of the HEA

Pál Ságvári has been appointed vice president for international affairs of the Hungarian Energy and Public Utility Regulatory Authority (HEA) and new Vice-Chairperson of the Energy Regulators Regional Association (ERRA).