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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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Daily (22.05.2020): NBP spot down 19% due to oversupply and weak demand

Crude oil futures continued to climb in an optimistic climate on Thursday, to hit their highest settlement since March amid lower U.S. inventories and hopes for a recovery in demand for black gold. Hence, Brent crude for July delivery rose by 31 cents, or 0.9%, to settle at $36.06 per . At the same time, U.S. WTI crude gained 43 cents, or 1.3%, to end at $33.92 per barrel.

read more... 22/05/2020

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Total secures $14.4 billion funding for Mozambique LNG: sources

French energy major Total has secured $14.4 billion funding for its Mozambique liquefied natural gas project in Mozambique, two sources said on Wednesday.

read more... 22/05/2020

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EIB confirms €1bn to consolidate European battery industry

The European Investment Bank (EIB) has confirmed it will provide more than €1billion (£892m) in 2020 to support battery projects as part of the European Battery Alliance (EBA).

read more... 22/05/2020

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