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UK's National Grid and SSEN in JV for 2 GW electricity transmission project
Scottish and Southern Energy Networks (SSEN) said on Tuesday it had signed a joint venture agreement with Britain's National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea cable linking northern Scotland to England.
read more... 06/07/2023
Daily (03.07.2023): Oil prices climbed on Friday as U.S. oil inventories witnessed a decline
On Friday, crude oil prices increased amid a larger-than-expected drop in US inventories, but economic concerns have limited the rise. Hence, Brent crude rose by 0.8% to settle at $74.90 a barrel. Meanwhile, WTI crude surged by 1.1% to end at $70.64 a barrel.
read more... 03/07/2023
Daily (29.06.2023): Oil prices climbed on Wednesday as crude oil inventories in the US witnessed a decrease
On Wednesday, crude oil prices increased amid a larger-than-expected drop in US inventories. Moreover, the price received a boost due to expectations that demand for gasoline will increase in the US during 4th July weekend. Hence, Brent crude rose by 2.5% to settle at $74.03 a barrel. Meanwhile, WTI crude surged by 2.7% to end at $69.56 a barrel.
read more... 29/06/2023
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Swedish parliament passes new energy target, easing way for new nuclear power
Sweden's parliament on Tuesday adopted a new energy target, giving the right-wing government the green light to push forward with plans to build new nuclear plants in a country that voted 40 years ago to phase out atomic power.
read more... 21/06/2023
EU told to slash greenhouse gas emissions 90-95% by 2040
The European Union should commit to slash its net greenhouse gas emissions by as much as 95% by 2040, official advisers said on Thursday, as Brussels prepares a new goal to curb Europe's contribution to climate change.
read more... 16/06/2023