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Spain approves push for 100% renewables, bans all new fossil fuel projects

The Spanish Government has approved an ambitious draft climate law which seeks, among other things, to reach net zero emissions “no later than 2050, in coherence with the scientific criteria and the demands of the citizens.”

read more... 26/05/2020

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Britain's largest solar farm poised to begin development in Kent

Britain’s largest solar farm, capable of generating enough clean electricity to power 91,000 homes, is poised to receive the greenlight from ministers this week.

read more... 25/05/2020

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Russian state holding gives up control of Rosneft after Venezuela exit

Russia’s state holding company Rosneftegaz has relinquished its controlling stake in the country’s largest oil producer, Rosneft, Rosneft said on Friday, after Rosneft’s exit from Venezuela.

read more... 25/05/2020

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Ofgem cuts cost of Hinkley Point C grid link by £60 million

The move will save UK consumers money on their bills over the 45-year cost period.

read more... 25/05/2020

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Daily (25.05.2020): Oil futures settled lower on Friday amid U.S.-China turbulence, but posted a weekly gain

Crude oil futures lost ground on Friday amid worries about economic recovery in China and rising tensions between Beijing and Washington.

read more... 25/05/2020

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