Latest news
UK Energy Suppliers To Pay £10.4m Fine For Overcharging Customers
Ofgem has this morning charged 18 energy suppliers, including British Gas, Shell, and Scottish Power, a combined £10.4m for overcharging their customers.
read more... 03/03/2021
Daily (02.03.2021): Oil prices fell sharply on Monday amid jitters that OPEC will raise output
Crude oil futures extended losses on Monday amid supply concerns ahead of the OPEC+ key meeting on Thursday, rising output from Venezuela, and weak crude demand from China. Hence, Brent crude settled at $63.69 a barrel, dropping by $2.44, or 3.7%. Meanwhile, U.S. WTI crude fell by 0.86 cents or 1.4%, to end at $60.64 a barrel.
read more... 02/03/2021
Lithuania to start supplying LNG to Poland next year
Lithuanian state-controlled energy company Ignitis Group will start supplying liquefied natural gas (LNG) to Poland next year when a new pipeline between the two countries comes online, its CEO said on Monday.
read more... 02/03/2021
ENA brings more flexibility to the grid with contract update
The Energy Networks Association (ENA) has updated its standardised flexibility contract used across the energy sector to offer more transparency and increase accessibility.
read more... 02/03/2021
French Feb nuclear falls to record low as maintenance season starts early
Average French nuclear generation fell to a record low in February of 45 GW, down 5.5% on the year, grid operator data showed March 1.
read more... 02/03/2021