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British utility SSE to exit Scotia Gas stake for $1.70 bln
Britain's SSE (SSE.L) on Monday agreed to sell its entire 33.3% stake in Scotia Gas Networks for 1.225 billion pounds ($1.70 billion) to a Canadian consortium of Ontario Teachers' Pension Plan Board and Brookfield Super-Core Infrastructure Partners.
read more... 02/08/2021
Major developed countries cut emissions by just 3.7 per cent in the pre-2020 climate regime
A key group of major developed countries including all G7 countries collectively saw a mere 3.7 per cent reduction in greenhouse gas (GHG) emissions by 2019 over 1990 levels, according to a study by the Council on Energy, Environment and Water (CEEW).
read more... 02/08/2021
Daily (30.07.2021): British gas prices surged to record highs on Thursday as supply picture in Europe remains tight
Crude oil prices continued to increase on Thursday, marking another settlement at the highest in over two weeks after U.S. government data revealed a weekly drawdown in domestic crude, gasoline and distillate inventories. Hence, Brent crude soared by 1.8% to settle at $76.05 a barrel. U.S. WTI crude increased by 1.7% to close at $73.62 a barrel.
read more... 30/07/2021
Daily (29.07.2021): UK Gas prices on the forward curve hit record highs over 100p/th on Wednesday, tracking higher oil and carbon markets
Oil prices strengthened slightly on Wednesday, following a drop in US crude reserves. Gains, however, were limited by continued worries over the Covid pandemic. Brent oil edged 0.4% higher to $74.74 a barrel and WTI crude increased by 1% to $72.39 a barrel.
read more... 29/07/2021
Naturgy to plough $16.5 bln into renewables, networks by 2025
Spanish power group Naturgy said on Wednesday it plans to invest 14 billion euros ($16.54 billion) mostly to ramp up its renewable generation capacity and transform power and gas networks to boost core earnings around 30% by 2025.
read more... 29/07/2021