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Marubeni to invest $12.2bn in UK’s clean energy projects

Japanese integrated trading and investment business Marubeni has entered a memorandum of understanding (MoU) with the UK Government to invest £10bn ($12.2bn) in the country’s renewable energy projects over the next ten years.

read more... 16/10/2023

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Britain boosts latest renewable power subsidy round by 22 million pounds

Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.

read more... 04/08/2023

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Wind and solar to produce over a third of global power by 2030

Wind and solar projects are on track to account for more than a third of the world's electricity by 2030, signalling that the energy sector can achieve the change needed to meet global climate goals, a report by the Rocky Mountain Institute (RMI) said on Thursday.

read more... 17/07/2023

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Daily (28.03.2023): British gas prices moved upwards on Monday amid cold weather, ongoing strikes in France

Oil prices increased on Monday as a result of Iraq being forced to stop some crude exports from its semi-autonomous Kurdistan region and as a result of actions taken to prevent a potential banking crisis that could have negatively impacted oil demand. Brent crude futures soared by $3.13, or 4.17%, to settle at $78.12 a barrel. U.S. WTI crude gained $3.63, or 5.24%, to end at $72.89.

read more... 28/03/2023

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Bulgaria, Greece agree to explore joint oil, gas projects

Bulgaria and Greece on Thursday signed two memoranda of understanding (MoU) to look into possibilities for the construction of an oil pipeline across their border as well as to ensure the delivery and storage of natural gas, the press office of Bulgarian president Rumen Radev said.

read more... 17/02/2023

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