The UK and Germany have forged a new partnership to strengthen renewable energy generation, bringing long-term energy security between both countries.
read more... 08/11/2023
Europe may find itself with excess LNG capacity following a flurry of newbuild import terminals and project announcements in the wake of Russia’s invasion of Ukraine, amid declining demand, according to analysts.
read more... 01/11/2023
The Energy Act 2023, the most comprehensive energy legislation in the UK’s history, received Royal Assent on Thursday, 26th October.
read more... 27/10/2023
Japanese integrated trading and investment business Marubeni has entered a memorandum of understanding (MoU) with the UK Government to invest £10bn ($12.2bn) in the country’s renewable energy projects over the next ten years.
read more... 16/10/2023
Oil prices ended mixed on Thursday, with WTI crude weighed down by a surprise and massive rise in US crude inventories, which has raised fears about global oil demand. US Commercial crude inventories surged by 10.2 million barrels last week. As a result, WTI crude ended at $82.91 per barrel, down 0.7% day-on-day. On the other hand, Brent crude moved sideways at $86.00 per barrel.
read more... 13/10/2023