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France outlines energy goals to 2035 in long-awaited plan
France’s ecology and energy ministry on Monday published two long-awaited documents setting out the country’s energy and climate goals to 2035, with targets largely unchanged from previous plans.
read more... 05/11/2024
China urges Czech government to help resolve EV spat with EU
China is urging the Czech government to play an active role in helping resolve the trade dispute with the European Union over electric vehicles, according to a statement posted on the Ministry of Commerce’s website on Sunday.
read more... 05/11/2024
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Government and Ofgem push for changes to grid connection process
The UK Government has announced a plan to improve the grid connection process to help reach its goal of producing all electricity from clean sources by 2030.
read more... 05/11/2024
Daily (04.11.2024): British gas prices fell on Friday, influenced by higher LNG send-outs
Oil prices moved sideways on Friday as worries about possible Iranian retaliation against Israel were countered by uncertainties related to the upcoming U.S. election on November 5th, with traders adopting a cautious approach. As a result, WTI crude rose by 0.3%, closing at $69.49 per barrel. Meanwhile, Brent crude remained relatively stable, ending the day at $73.10 per barrel.
read more... 04/11/2024
Belgium Is Building World’s First Artificial Energy Island In The North Sea
The North Sea is famous as one of Europe's top crude production sites, with the UK and Norway accounting for about 80% of the region's output. Unfortunately, the North Sea has already entered a phase of terminal decline. Last year, the oil basin produced 34 m tonnes of oil, its lowest since production was established in the 1970s. Scores of Big Oil companies have been pulling out of the aging oil basin, with production expected to continue shrinking despite the UK government recently issuing a raft of licenses. Meanwhile, other producers are scaling back investments or exiting the basin ahead of new tax increases on the sector.
read more... 04/11/2024