Espo

Energy Security
UK Summons Iranian Envoy Following Oil Tanker Attack
In response to Monday's development, Iran has also summoned the British charge d'affaires in Tehran
Crude Oil
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu…
Crude Oil
Sapref to Restart Durban Refinery
BP and Shell's South African joint venture Sapref will restart its 180,000 b/d Durban refinery tomorrow after a temporary shutdown last week in response to civi…
Crude Oil
OPEC+ Fails To Hike Oil Production, Delays Decision Again
OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the…
Energy Storage Battery
DNV and Dutch Partners Launch Test Lab for Battery Systems
Engineering firm DNV has partnered with a consortium of Dutch emergency services and municipalities responsible for public safety to establish a new test lab fo…
Pumped Storage
Pumped Hydro Boost Follows “Battery Blitz” As State Responds to Callide Coal Explosion
The Queensland state government has announced a major upgrade to the state’s biggest pumped hydro generator in yet another boost to energy storage following th…
Oil Price
Oil Surges As Traders Await OPEC+ Decision on Easing Production Cuts
Its allies on further easing production curbs in response to growing demand as the global economy gathers momentum.
Coal Trade
Australia Sees Stronger Coking Coal Exports
Seaborne metallurgical coal supply chains have largely reorganised in response to Beijing's ban on Australian coal imports, paving the way for increasing Austra…
Energy-Eficient Building
Biden Budget Will Mean Better Buildings for All
To truly meet the nation’s climate goals, we must address the efficiency and fossil fuel consumption of our buildings, which are responsible for about 40 perce…
United Arab Emirates
UAE Asks to Host 2023 UN Climate Change Conference
he annual Conference of Parties is the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Conventi…
Carbon Pricing
EU Carbon Price Running at Level not Expected Until Next Year
Emissions permits are selling at around €50 per ton, completing a rally from last year’s Covid-driven slump faster than expected by business respondents to th…
United Arab Emirates
Dana Gas Year on Year Profits Leap 41pc in Q1
Abu Dhabi-listed Dana Gas reported net profits of $24mn in the first quarter of this year, up 41pc versus the corresponding quarter in 2020, as it boosted produ…
Crude Oil
U.S. Energy Production Saw Steepest Drop On Record In 2020
Due to economic responses to the pandemic, U.S. energy production dropped by 5 percent last year, marking the steepest annual decline on record.
Hydropower Plant
Energy Storage Tech Tested for Small Hydropower Generation
Municipally owned utility Idaho Falls Power and the Idaho National Laboratory have carried out tests to see how a US city’s hydropower plants can be made more …
Net Zero Emission
Taiwan Begins to Plan for Zero Emissions by 2050
Taiwan, though excluded from most international bodies and treaties due to pressure from Beijing, which considers the island its own territory, is keen to show …

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Espo

UK Summons Iranian Envoy Following Oil Tanker Attack

Goldman Cuts Q3 Brent Forecast to $75 a Barrel

Sapref to Restart Durban Refinery

OPEC+ Fails To Hike Oil Production, Delays Decision Again

DNV and Dutch Partners Launch Test Lab for Battery Systems

Pumped Hydro Boost Follows “Battery Blitz” As State Responds to Callide Coal Explosion

Oil Surges As Traders Await OPEC+ Decision on Easing Production Cuts

Australia Sees Stronger Coking Coal Exports

Biden Budget Will Mean Better Buildings for All

UAE Asks to Host 2023 UN Climate Change Conference

EU Carbon Price Running at Level not Expected Until Next Year

Dana Gas Year on Year Profits Leap 41pc in Q1

U.S. Energy Production Saw Steepest Drop On Record In 2020

Energy Storage Tech Tested for Small Hydropower Generation

Taiwan Begins to Plan for Zero Emissions by 2050