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More funding to progress UK nuclear-generated hydrogen project
An EDF-led consortium has been awarded UK government funding to further develop plans to use heat and electricity from Heysham 2 to create hydrogen for use in the production of asphalt and cement. Earlier this year, a feasibility study demonstrated the significant benefit the project would bring in proving how nuclear could power hydrogen electrolysis.
read more... 15/09/2023
Daily (13.09.2023): Brent crude price surpassed the $92 per barrel mark for the first time since November
Crude oil prices increased on Tuesday, hitting levels not seen since last November amid announcement that Saudi Arabia and Russia extended their voluntary production cuts, in a move to stabilize the markets. The closure of four oil export terminals in Libya due to a weekend storm provided additional support to oil prices. Hence, Brent crude rose by 1.6% to end at $92.06 a barrel. Meanwhile, U.S. WTI crude gained 1.8% to end at $88.84 a barrel.
read more... 13/09/2023
Daily (07.09.2023): Gas prices retreated on Wednesday due to postponed strikes at Australian LNG plants
On Wednesday, crude oil prices edged higher as traders expected reductions in U.S. crude due to ongoing production cuts in both Saudi Arabia and Russia. Hence, Brent crude rose by 0.6% to $90.60 a barrel, while WTI crude increased by about 1% to $87.54 a barrel.
read more... 07/09/2023
Daily (06.09.2023): Oil prices hiked above $90 per barrel after Saudi Arabia and Russia extended their supply curbs until December 2023
Crude oil prices increased on Tuesday amid announcement that Saudi Arabia and Russia will extend production cuts until December 2023. Stronger manufacturing data from China lent further support on price. Hence, Brent crude traded around 1% higher at $90.04 a barrel. Meanwhile, U.S. WTI crude rose by 0.9% to end at $86.69 a barrel.
read more... 06/09/2023
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G20 per capita CO2 emissions from coal rise 7% from 2015
Group of 20 nations have increased per capita emissions nearly 7% from coal-fired power since 2015, with China and India adding new plants, and Australia's CO2 count per head nearly three times higher than the world average, research showed on Tuesday.
read more... 05/09/2023