Latest news
.jpg)
OPEC+ Delays Cut Rollback as Big Oil Production Hits Highs
While the OPEC+ group is trying to manage oil supply to the market, the world’s largest international oil companies are raising their production, with the U.S. supermajors hitting record highs.
read more... 06/11/2024
Daily (05.11.2024): Oil prices climbed by about 3% on Monday, supported by OPEC+ production delay coupled with Iranian threats against Israel
Oil prices rose by around 3% on Monday due to OPEC+ delayed planned production increases, combined with heightened tensions following Iranian threats against Israel. Brent crude closed at $75.08 per barrel, while WTI crude ended the day at $71.47 per barrel.
read more... 05/11/2024
France outlines energy goals to 2035 in long-awaited plan
France’s ecology and energy ministry on Monday published two long-awaited documents setting out the country’s energy and climate goals to 2035, with targets largely unchanged from previous plans.
read more... 05/11/2024
China urges Czech government to help resolve EV spat with EU
China is urging the Czech government to play an active role in helping resolve the trade dispute with the European Union over electric vehicles, according to a statement posted on the Ministry of Commerce’s website on Sunday.
read more... 05/11/2024
.jpg)
Government and Ofgem push for changes to grid connection process
The UK Government has announced a plan to improve the grid connection process to help reach its goal of producing all electricity from clean sources by 2030.
read more... 05/11/2024