Saudi Arabia’s Neom Green Hydrogen Company (NGHC) has completed a financial close for its hydrogen plant at a total investment value of $8.4bn.
read more... 26/05/2023
Falling U.S. stockpiles and warning from the Saudi energy minister that OPEC+ could reduce its production weighted on oil prices on Wednesday. Brent and WTI crude rose by 2% to settle at $78.36 and $74.34 a barrel respectively.
read more... 25/05/2023
The European Commission wants all EU states to "wind down" energy support measures in force at present by the end of this year.
read more... 25/05/2023
Several European Parliament members warned against making panicky changes to the EU’s power markets in their first formal debate on Tuesday on the European Commission’s redesign proposals.
read more... 25/05/2023
Millions of British households will see cheaper energy bills from July after regulator Ofgem slashed its cap on prices following a slump in wholesale energy costs.
read more... 25/05/2023