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Ørsted makes final investment decision on its first renewable hydrogen project

The Danish demonstration project will use offshore wind energy to produce renewable hydrogen

read more... 21/01/2021

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Global energy transition investment ‘hit $500bn mark in 2020’

Solar and wind received the lion’s share of renewable investments globally, according to a new report

read more... 21/01/2021

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Energy majors re-route LNG supplies from Europe to Asia

Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike, beating rival trading houses and non-integrated producers thanks to their access to multiple sources of the fuel.

read more... 20/01/2021

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Daily (20.01.2021): Energy prices rebounded on Tuesday amid bullish sentiment on the market

Oil prices gained momentum on Tuesday in line with a weakening dollar, boosted by the prospect of further economic support in the United States. Hence, Brent crude for March delivery rose by $1.15, or 2.1%, to settle at $55.90 a barrel. Meanwhile, U.S. WTI crude settled 62 cents, or 1.18%, higher at $52.98 per barrel.

read more... 20/01/2021

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UK's 10-point plan 'lays path' to 78% cut in emissions by 2035

The UK's 10-point climate change plan has the policies to bridge the gap between the aspirations in the Committee on Climate Change's sixth carbon budget "and where we are now," Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng said Jan. 19.

read more... 20/01/2021

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