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UK keen to back African clean energy projects amid $13 bil investments: official
The UK is interested in supporting green hydrogen and renewables development in Africa amid an investment pipeline of over $13 billion in clean energy, a government official said Nov. 9, as the country halts overseas assistance for fossil fuels projects in the continent.
read more... 10/11/2021
EU climate and infrastructure agency eyes end of fossil fuel projects
The director of CINEA, a recently established EU agency managing €55 billion in EU funding for clean energy and transport, has told EURACTIV about the challenge of ending fossil fuel projects entirely, saying coal and natural gas assets “are not simply going to go away” and need to be managed during the transition.
read more... 29/10/2021
Daily (26.10.2021): British gas prices moved higher on Monday amid cold weather forecasts, bullish fuel markets
Oil prices steadied on Monday in absence of any significant event on the market, with the market remaining focused on the tight global supply. Hence, Brent crude rose by 0.5% to settle at $85.99 a barrel. U.S. WTI crude remained unchanged at $83.76 a barrel.
read more... 26/10/2021
UK backs sustainable aviation fuel, hydrogen, EVs and new nuclear in net-zero strategy
The UK government has published its net-zero strategy document, outlining financing for developing sustainable aviation fuel, an industrial and hydrogen revenue support scheme and new money for electric vehicles and nuclear.
read more... 21/10/2021
Daily (24.09.2021): Oil prices increased on Thursday, with Brent hitting a 2-month high amid tight supply
Crude oil prices extended gains on Thursday, with Brent crude hitting its highest level in more than two months. The increase was attributed to the growing fuel demand as offshore crude production continued to see a slow recovery in the Gulf of Mexico in the wake of Hurricane Ida and a draw in U.S. crude inventories. Hence, Brent crude rose by $1.06, or 1.4%, to settle at $77.25 a barrel, its highest price since mid-July. U.S. WTI crude rose by $1.07, or 1.5%, to $73.30 a barrel.
read more... 24/09/2021