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Norwegian government proposes overhaul of petroleum tax system
Norway's government has proposed overhauling taxation of its oil and gas firmsby scrapping some incentives, it said in a surprise announcement on Tuesday, further heating up a pre-election debate over the future of the country's top industry.
read more... 02/09/2021
Exposing The Blue Hydrogen Lie
Recent reports suggest that oil companies in the U.K. have been exaggerating the costs of blue hydrogen projects, as well as the need for their development to decarbonize the industry, in order to gain additional funding for new hydrogen plants.
read more... 02/09/2021
Daily (01.09.2021): Oil prices ended the turbulent August with losses amid global health crisis
Crude oil prices declined on Tuesday following some sharp gains on the oil market over the last few weeks as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida. Oil has endured a turbulent August, with Brent dropping by over 4% month-on-month and WTI crude falling by 7%. Both benchmarks posted their first monthly losses since March. Hence, Brent crude slipped by 0.6% day-on-day, to settle at $72.99 a barrel. U.S. WTI crude dropped by 1% to close at $68.50 a barrel.
read more... 01/09/2021
British Gas to freeze standard tariff direct debits until next year
British Gas has announced plans to freeze direct debit payments of customers on its standard variable tariffs (SVTs) until February.
read more... 01/09/2021
Shell to vastly expand EV charging network in Britain
Royal Dutch Shell on Wednesday announced plans to vastly expand its network of electric vehicle charging points in Britain, aiming to install 50,000 on-street posts by 2025.
read more... 01/09/2021