Latest news
EU outlines short and long-term answer to global energy price surge
The European Commission unveiled on Wednesday (13 October) a “toolbox” of measures EU countries will be able to draw from when responding to rising energy prices in the short term, while pointing to an upcoming gas market reform for measures to be considered in the long term.
read more... 14/10/2021
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Shipping industry seeks to combat dark oil transfers at sea
Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.
read more... 14/07/2021
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Crude oil price rises on expectations of U.S. crude stocks falling
Oil rose on Tuesday, recovering from the previous day's drop, as expectations of further declines in U.S. crude inventories outweighed fears that spreading COVID-19 variants could derail a global economic recovery.
read more... 13/07/2021
EV push faces upstream challenges
A US administration focused on climate change and a British host eager to plug its green credentials will lead to a sharp focus on vehicle electrification at this year's G7 summit, but big promises will require significant upstream investment in metals supply chains if they are to take root and extend beyond headlines.
read more... 14/06/2021
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U.K. Poised to Become Net Energy Exporter to Europe in Near Future
Although the UK currently imports around 7% of its electricity from Europe, the tables are going to be turned soon, partly due to the on-going establishment of new links to the continent. Aiming to quadruple offshore wind capacity this decade, the UK could have excess power to send through those transmission lines. Consequently, the UK could become a net energy exporter to Europe in five years.
read more... 09/06/2021