Latest news
UK to extend its energy price support scheme to non-domestic customers
The UK will extend its Energy Bill Relief Scheme (EBRS) for non-domestic customers in Great Britain and Northern Ireland, the country's department for Business, Energy & Industrial strategy said in a statement on Thursday.
read more... 29/12/2022
.jpg)
Exxon sues EU in move to block new windfall tax on oil companies
U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc's new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.
read more... 29/12/2022
Norway's Equinor resumes production from Njord field following upgrade
Norway's state-controlled Equinor has resumed production at the Njord oil and gas field in the Norwegian Sea, it said Dec. 28, after a six-year hiatus while upgrade work was carried out.
read more... 29/12/2022
Daily (29.12.2022): Crude oil prices ended lower on Wednesday amid a surge of COVID cases in China
Crude oil prices softened on Wednesday, with the benchmarks reversing from their highest settlements in nearly four weeks in the previous session as traders weighed concerns about an increase in COVID-19 cases in China against the possibility that easing pandemic restrictions in the country would boost fuel demand. Hence, Brent crude fell by $1.07, or 1.3%, to settle at $83.26 a barrel, while U.S. West Texas Intermediate crude settled at $78.96 per barrel, down 57 cents, or 0.7%.
read more... 29/12/2022
EU aims to agree new energy efficiency law in 2023
Legislators aim to sign off on a new law to boost energy efficiency next year, despite slow progress in talks between the European Parliament and the 27 EU countries.
read more... 28/12/2022