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Essar eyes hydrogen economy with GBP 750 million hub in UK

The group’s UK arm, Essar Oil, has tied up with Progressive Energy, an English company specialising in low-carbon energy projects, for setting up the hub at its Stanlow Refinery at Ellesmere Port in Chester

read more... 14/01/2021

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UK Space Agency and Rolls-Royce join forces to develop nuclear-powered spacecraft engine

The technology is predicted to halve the projected duration of journeys to Mars to up to four months

read more... 14/01/2021

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Daily (13.01.2020): Oil prices escalated at highest levels since February on Tuesday amid Saudi cuts

Crude oil futures advanced on Tuesday, with prices approaching pre-coronavirus levels, continuing to be supported by last week’s surprised decision by Saudi Arabia to cut production by about 1m bbl/day in February and March. Hence, Brent crude rose by 92 cents, or 1.7%, to settle at $56.58 a barrel. At the same time, U.S. WTI crude gained 96 cents, or 1.8%, to end at $53.21. Both contracts finished at their highest level since February 21.

read more... 13/01/2021

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RWE to sell 65 MW of French, Portuguese renewables to Kelag

German energy major RWE AG (ETR:RWE) announced it is divesting 65 MW of renewable power plants to Austrian energy utility Kelag.

read more... 13/01/2021

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Ukraine 'unable' to meet demand for gas exports to Poland

Ukraine has been unable to meet robust demand for gas exports to Poland over the past several days due to existing capacity limitations, Serhiy Makohon, head of gas grid operator GTSOU, said Jan. 12.

read more... 13/01/2021

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