Latest news
New Zealand to push through law to reverse ban on oil and gas exploration
New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import liquefied natural gas (LNG) amid energy shortages.
read more... 26/08/2024
Daily (23.08.2024): British gas prices lost ground on Thursday due to high storage levels
Oil prices climbed by nearly 2% on Thursday as signs of robust demand in the U.S. outweighed concerns about China's struggling economy and easing Middle East tensions. Brent crude closed at $77.22 per barrel, while WTI crude settled at $73.01 per barrel.
read more... 23/08/2024
UK energy bills to climb 10% to £1,717
Ofgem has confirmed that the energy price cap will increase by 10% for the final quarter of 2024.
read more... 23/08/2024
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Europe's Gas Supply Tightens as Norway Begins Field Maintenance
Europe is facing a tighter gas market as Norwegian field operators enter scheduled maintenance season.
read more... 23/08/2024
Berlin to bail out shipyard key to offshore wind ambitions
Talks to award credit lines and buy shares amounting to €2.8 billion of ailing ship maker Meyer, who also produces key offshore equipment, had progressed far, German Chancellor Olaf Scholz said on a visit to the firm on Thursday (22 August).
read more... 23/08/2024