Oil prices ended slightly down but close to equilibrium on Tuesday. The market is eagerly anticipating the possibility of a ceasefire in the Middle East, yet optimism has waned somewhat following indications that the latest proposal may have faltered. Hence, Brent crude settled at $83.16 per barrel, and WTI crude was stable at $78.38 per barrel.
read more... 08/05/2024
The Office for Nuclear Regulation (ONR) has granted a nuclear site licence for the Sizewell C site in eastern England, where the plan is to replicate the Hinkley Point C model of a nuclear power plant featuring two EPRs.
read more... 08/05/2024
ALondon tribunal has given the green light for a £790m lawsuit against European power cable suppliers to proceed to trial, with allegations of a cartel inflating UK electricity costs, Reuters has reported.
read more... 07/05/2024
On a visit to Saint-Nazaire on Thursday (May 2), Economy Minister Bruno Le Maire outlined the government’s strategy for deploying 45 GW of offshore wind power by 2050, with half of this capacity made in Europe.
read more... 06/05/2024
The International Atomic Energy Agency (IAEA) review mission has praised steps taken in Poland to develop the necessary infrastructure for nuclear power.
read more... 02/05/2024