Uk

Oil Price

Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak

Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.

Offshore Wind Power

Eni Acquires 20% Stake in Dogger Bank C Offshore Project in UK

Italian oil and gas company Eni has acquired a 20% stake in the Dogger Bank C offshore wind project in the UK following the completion of agreements with SSE Re…

Oil & Gas Supply

Cutting Russia’s Oil Flow To Europe Would Be A Disaster

The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe.

Hydrogen Project

India’s Reliance Aims to Be World’s Leading Blue Hydrogen Producer

Reliance Industries, led by Mukesh Ambani, Asia’s richest man, aims to be among the largest producers of blue hydrogen at “competitive cost” in its green ene…

Oil Price

Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis

Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…

Natural Gas

Gas Crunch Causes Electricity Crisis Despite Record Cheap Clean Energy. Time to Create a “Green Energy Pool”?

In the UK and similar nations, the gas crisis is ballooning electricity prices too.

Nuclear Power Plant

IAEA to Review Treated Water at Japan’s Fukushima Daiichi Plant

The International Atomic Energy Agency (IAEA) review mission will be visiting Japan to verify the safety of the treated water at the Fukushima Daiichi Nuclear P…

Nuclear Fusion

UK Fusion Technology Breaks ‘Landmark Record’

Fusion technology has reached a new milestone after a reactor in Oxford broke its own world record for fusion energy output.

CCS

Eni Signs up for Carbon Capture Deal

Oil major Eni UK has announced the signing of 19 Memorandums of Understanding (MoUs) with companies interested in having their emissions captured, transported a…

Hydrogen Project

Octopus and BayWa r.e. Join Forces to Boost Green Hydrogen

Octopus Energy and BayWa r.e. have signed an agreement to collaborate on green hydrogen projects across the UK.

Offshore Wind Power

UK to Hold Yearly Contracts for Difference Auctions from 2023 Onwards

The UK government will increase the frequency of auctions for funding through the Contracts for Difference (CfD) scheme to every year rather than every two year…

Solar Power Plant

Solar Sector Welcomes News That Contracts for Difference Auctions Will Be Held Annually

From 2023, Contracts for Difference (CfD) auctions will be held annually, the UK government has announced.

Oil Price

JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate

JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.

Oil Field

Will the UK Greenlight Six New Oil and Gas Fields in North Sea?

The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.

Wind Farm

UK in a First Awards Offshore Wind Power a Contract to Help Stabilise Grid

Britain’s National Grid ESO has for the first time awarded a contract to an offshore wind farm to help keep voltage levels in the power network stable, it said…