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Energy majors re-route LNG supplies from Europe to Asia

Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike, beating rival trading houses and non-integrated producers thanks to their access to multiple sources of the fuel.

read more... 20/01/2021

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Norway's NBT, Belgium's WV to build wind farms with 800 MW total capacity in Serbia

Norwegian utility-scale wind power developer NBT entered a partnership with Belgium-based WV International, former Windvision, to develop wind projects with a combined capacity of 800 MW in Serbia by 2026, the two companies said on Tuesday.

read more... 20/01/2021

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Daily (20.01.2021): Energy prices rebounded on Tuesday amid bullish sentiment on the market

Oil prices gained momentum on Tuesday in line with a weakening dollar, boosted by the prospect of further economic support in the United States. Hence, Brent crude for March delivery rose by $1.15, or 2.1%, to settle at $55.90 a barrel. Meanwhile, U.S. WTI crude settled 62 cents, or 1.18%, higher at $52.98 per barrel.

read more... 20/01/2021

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UK's 10-point plan 'lays path' to 78% cut in emissions by 2035

The UK's 10-point climate change plan has the policies to bridge the gap between the aspirations in the Committee on Climate Change's sixth carbon budget "and where we are now," Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng said Jan. 19.

read more... 20/01/2021

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Octopus Energy launches ‘world’s first’ tariff offering 50% discount when wind is blowing

The ‘Fan Club’ tariff could save consumers more than £200 per year

read more... 19/01/2021

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