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Capital Energy to sell $1 billion renewable energy portfolio

Spanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of onshore wind and solar power plants in Spain, according to the sale of documents seen by Reuters.

read more... 31/07/2023

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Britain to grant over 100 new North Sea oil and gas licences

Britain will grant more than 100 new oil and gas licences in the North Sea as part of efforts to tap domestic supplies and become more energy independent, the government said on Monday.

read more... 31/07/2023

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Daily (28.07.2023): Oil prices rose by over 1% on Thursday amid tight supply, falling US crude reserves and improving demand

Oil prices rose on Thursday, driven by continued tight supply, while demand remained resilient despite recession fears. Weekly figures released on Wednesday by the EIA showing a drop in commercial crude reserves and an increase in demand provided further support. Thus, WTI crude ended 1.7% higher at $80.09 a barrel, while Brent crude advanced by 1.6% to settle at $84.24 a barrel.

read more... 28/07/2023

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Energy price cap to stay above pre-pandemic levels for extended period

The energy price cap in the UK is set to remain notably higher than pre-pandemic levels, according to recent estimates by consultancy Cornwall Insight.

read more... 28/07/2023

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Global standards launched to grow $2 billion voluntary carbon market

A global initiative to grow the $2 billion market for carbon offsets outlined criteria for new voluntary standards on Thursday, and said it aims to issue labelled credits by the year-end to make the unregulated marketplace more transparent.

read more... 28/07/2023

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