Latest news
Quarter of forecast LNG supply needed by 2040 to meet 2C global warming limit
Under a climate pact to cut global warming, nations have committed to a long-term goal of limiting the average temperature rise to below 2C above pre-industrial levels and to pursue efforts to limit it even further to 1.5C.
read more... 09/12/2020
Power sharing plan could see UK and Netherlands 'go Dutch' with North Sea offshore wind
Interconnecting infrastructure to be examined as nations seek to maximise green energy use
read more... 23/09/2020
Daily (18.08.2020): British September gas soared to multi-month highs on Monday amid stronger LNG prices worldwide
Strong OPEC+ compliance with their production cut deal in July and reports that China would boost U.S. crude imports as a first phase of the two nations’ trade deal lifted oil prices on Monday. Hence, Brent crude rose by 57 cents, or 1.3%, to settle at $45.37 a barrel. Meanwhile, U.S. WTI crude edged 88 cents higher, or 2.1 %, to close at $42.41 a barrel.
read more... 18/08/2020
Assembly of world’s largest nuclear fusion reactor begins in France
A total of 35 nations are currently collaborating to build tokamak, a magnetic fusion device, which aims to demonstrate the real potential of fusion as a large scale carbon-free source of energy
read more... 30/07/2020
Developing nations may lose up to 85% of oil and gas income this year - IEA, OPEC
Developing nations’ oil and gas income will fall by 50% to 85% this year to a more than two-decade low if current market conditions persist, the International Energy Agency and OPEC said in a rare joint statement on Monday, citing recent IEA analysis.
read more... 17/03/2020