Latest news

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

news

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

news

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

news

Daily (18.01.2021): Carbon EUAs plummeted by 5% on Friday, following a bearish energy market

Crude oil prices retreated on Friday, weighed by global demand concerns amid the coronavirus pandemic. Hence, Brent crude and WTI oil lost 2.3% to close at $55.10 and $52.36 a barrel, respectively.

read more... 18/01/2021

news

Essar eyes hydrogen economy with GBP 750 million hub in UK

The group’s UK arm, Essar Oil, has tied up with Progressive Energy, an English company specialising in low-carbon energy projects, for setting up the hub at its Stanlow Refinery at Ellesmere Port in Chester

read more... 14/01/2021

news