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Consortium urges EU to end sales of diesel and petrol car sales by 2035
A consortium of industry leaders has called on the European Commission to phase out new diesel and petrol cars and vans no later than 2035.
read more... 28/04/2021
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OPEC+ sticks to plan to ease crude oil output cuts from May 1
OPEC, Russia and their allies will stick to plans for a phased easing of oil production restrictions from May to July amid upbeat forecasts for a recovery in global demand and despite surging coronavirus cases in India, Brazil and Japan.
read more... 28/04/2021
Daily (27.04.2021): Oil prices ended with a slightly bearish sentiment on Monday amid increasing COVID-19 figures in Asia
Crude oil prices corrected slightly lower on Monday as the resurgence of COVID-19 cases in Japan and India set a sour tone for oil trading. The losses were limited after OPEC+ joint technical committee (JTC) has kept its forecast for growth in global oil demand this year. Hence, Brent crude slipped by 0.7% to $65.65 a barrel. Meanwhile, U.S. WTI crude eased by 0.4% to $61.91 a barrel.
read more... 27/04/2021
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Ørsted, Enefit to form Baltic offshore wind JV
Danish energy company Ørsted A/S (CPH:ORSTED) will team up with a unit of Estonian state-owned sector player Eesti Energia AS, aiming to jointly develop offshore wind projects in the Baltic countries.
read more... 27/04/2021
Nearly 81% of Brits still find EVs ‘too expensive’
More than four-in-five drivers in the UK believe electric vehicles (EVs) are still too expensive. A new report by the AA reveals the majority of Brits still find switching to an EV a rather pricy move while nearly 63% have never heard of the plug-in grant, one of the government’s subsidies to help them make the purchase.
read more... 27/04/2021