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EU extends gas price cap system to all EU hubs
The European Commission will extend its gas price cap system to all trading hubs in the European Union from May to prevent potential distortions to Europe's energy markets, it said on Friday.
read more... 03/04/2023
‘UK’s largest’ offshore windfarm plan accepted for determination
SSE Renewables has submitted plans for what is described as the UK’s largest offshore wind farm to East Lothian Council and the Scottish Government for determination.
read more... 03/04/2023
UK government to fund Acorn CCS in second phase of CCUS development
The UK government on Thursday launched the second phase of its carbon capture, utilisation and storage (CCUS) scheme. It has named the Acorn Project in the north of the UK as one of the two beneficiaries of the next phase.
read more... 03/04/2023
Daily (03.04.2023): British gas prices moved upwards on Friday amid chilly April start, extension of nuclear strikes in France
Crude oil prices increased modestly on Friday, hovering at about a two-week high, supported by supply disruptions in Iraq and a calmer outlook for the banking sector. Hence, Brent crude for May delivery, which expired upon settlement, gained 50 cents, or 0.6%, to settle at $79.77 a barrel. In meantime, US WTI crude increased by $1.30, or 1.8%, to end at $75.67 a barrel.
read more... 03/04/2023
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Daily (31.03.2023): Oil prices gained ground on Thursday, on eased concerns related to financial markets and Iraq's cut in supply
Oil prices gained ground on Thursday, driven by eased concerns related to financial markets, but also by the prolongation of a shutdown in Iraq that is cutting supply by several million barrels. Thus, Brent crude traded around 1% higher to $79.27 a barrel, while WTI crude settled at $74.37, up by 2% day-on-day.
read more... 31/03/2023