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Grid will say bye to coal in 2024!

Monday 30th September 2024 will mark the last day coal is used for power generation in the UK.

read more... 30/06/2021

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Daily (29.06.2021): British gas prices retreated on Monday amid improved supply from Norway and despite strong carbon prices

Crude oil prices opened the week on the back foot after the oil market hit a three-year high on Friday. Increasing number of the new so-called Delta variant and expectations that OPEC+ producers will boost supply at an upcoming meeting put pressure on crude prices on Monday. Hence, Brent crude shed by 2% to settle at $74.68 a barrel. U.S. WTI crude ended at $72.91 a barrel, falling by 1.5% day-on-day.

read more... 29/06/2021

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Renault signs EV battery deals with Envision, Verkor for French plants

Renault Group has signed partnership agreements with Envision AESC of China and Verkor of France to supply electric vehicle batteries for its EV production hub in northern France.

read more... 29/06/2021

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Norway's Equinor aims to triple UK hydrogen production capacity

Norwegian oil and gas firm Equinor said on Tuesday it had raised its hydrogen production goal in the United Kingdom to 1.8 gigawatts (GW), following a visit of Britain's Business Secretary Kwasi Kwarteng to Oslo.

read more... 29/06/2021

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Peak Natural Gas Demand To Occur Around 2040

One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a bond prospectus of Qatar Petroleum it had seen.

read more... 29/06/2021

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