Latest news
UK hosts £100bn energy investment summit
Top executives from the UK’s energy sector will come together at 10 Downing Street later today to discuss ambitious investment plans worth £100 billion.
read more... 02/08/2023
Daily (01.08.2023): Crude prices extended gains on Monday as demand is likely to increase
On Monday, crude oil prices gained ground, supported by signs of tightening supply. Hence, Brent crude edged 0.7% higher at $85.56 a barrel, while WTI crude increased by about 1.5% to settle at $81.80 a barrel.
read more... 01/08/2023
UK Windfall Tax Here to Stay Despite Energy Sector Overhaul
Downing Street’s latest energy announcements this morning will not lead to a reversal in the controversial windfall tax, despite industry hopes of it being softened to make the country’s investment climate more attractive.
read more... 01/08/2023
G20 nations fail to agree on emission reduction targets at talks
The Group of 20 (G20) major nations failed on Friday to agree on concrete targets to cut dangerous emissions, releasing only a statement that dismissed current measures to address climate change as "insufficient".
read more... 01/08/2023
America Flips Switch On First New Nuclear Reactor in 7 Years
The United States has started operations on its first new nuclear reactor in seven years, in a development hailed as having a positive impact on the climate as it releases no greenhouse gas emissions.
read more... 01/08/2023