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Dramatic Shift in U.K.’s Power Mix Lies Ahead as Nuclear Fades

The U.K.’s power generation mix will see a dramatic shift from 2024 as output from its nuclear units is forecast to fade out sooner than anticipated.

read more... 12/03/2021

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Israel in contact with Turkey over gas

Israeli Prime Minister Benjamin Netanyahu said his government is in contact with several countries, including Turkey, about natural gas in the eastern Mediterranean Sea.

read more... 12/03/2021

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OPEC Sees Strong Oil Demand In The Second Half Of 2021

Global oil demand is set to benefit from stronger economic recovery and vaccinations in the second half of this year, OPEC said on Thursday, adjusting higher its outlook for the second half of 2021 and raising slightly its full-year oil demand forecast.

read more... 12/03/2021

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Daily (11.03.2021): NBP price for front-month delivery gained 5% on Wednesday due to cold weather forecasts

Crude oil prices edged higher on Wednesday, as the EIA’s weekly report showed continued disruptions in US oil production following February’s cold wave. Hence, Brent crude rose by 0.6% to $67.90 a barrel and WTI oil was 0.7% up at $64.44 a barrel.

read more... 11/03/2021

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‘World’s first’ hydrogen-powered ferry making a splash in Norway

New plans for what is claimed to be the world’s first hydrogen-powered ferry have been unveiled today.

read more... 11/03/2021

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