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UK regulator proposes reforms as household energy debts hit $5 billion
Britain's energy regulator Ofgem has proposed reforming how companies deal with customers who owe money and said they should offer tariffs free of some charges as household energy debts hit almost 4 billion pounds ($5.1 billion).
read more... 13/12/2024
Daily (12.12.2024): Oil prices rose by 2% on Wednesday as EU imposed new sanctions on Russia
Oil prices edged higher by around 2% on Wednesday, supported by additional sanctions imposed by the European Union on Russia's "ghost fleet", which is expected to impact Kremlin's oil exports. Brent crude rose closed at $73.52 per barrel, while WTI crude increased to $70.29 per barrel.
read more... 12/12/2024
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Germany's neighbours demand year-end halt to gas levy
Austria, the Czech Republic and Slovakia have urged Germany to legislate this month to waive a costly gas levy for neighbouring countries, as the collapse of Berlin's coalition government risks delaying the law, a document seen by Reuters showed.
read more... 12/12/2024
RWE and TotalEnergies pick Eemshaven as Oranje Wind turbine assembly site
RWE and TotalEnergies have chosen the port of Eemshaven as the assembly and construction base for their joint offshore wind project, OranjeWind, in the Dutch North Sea.
read more... 12/12/2024
Equinor, BP, TotalEnergies seal investment into Britain's carbon capture projects
Norway's Equinor alongside partners BP and TotalEnergies, have taken the final investment decision for two of the Britain's first carbon capture and storage projects in northern England, they said on Tuesday.
read more... 12/12/2024