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HomeUK

UK

Commodities

Iran Readies Export Hike Amid Optimism in Vienna

May 20, 2021 Stu Turley

Iran is preparing to hike its oil exports to “maximum capacity” in the coming months, according to two Iranian oil sources. The move comes amid indications that negotiations between Washington and Iran in Vienna could […]

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021
Electrical Generation / Utilities

New 4.1 billion in flagship UK offshore wind park

March 26, 2021 Stu Turley

Europe’s third-largest renewables group, has taken an investment decision on its 3 billion pound ($4.1 billion) Sofia offshore wind farm project, it said on Wednesday. The 1.4 gigawatt project, to be located 195 kilometres from […]

UK pledges not to leave oil and gas workers behind as landmark North Sea transition deal is agreed
Crude Oil News

UK pledges not to leave oil & gas workers behind as landmark North Sea transition deal is agreed

March 24, 2021 Stu Turley

The UK government has pledged that high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future as the landmark North Sea Transition Deal […]

largest blue hydrogen facility -energynewsbeat.com
Hydrogen

BP reveals plans for UK’s largest blue hydrogen facility

March 18, 2021 Stu Turley

BP announced that it is developing plans for the UK’s largest blue hydrogen production facility, targeting 1GW of hydrogen production by 2030. The project would capture and send for storage up to two million tons […]

Hydrogen-fuel-cell-ferry-image-of-ferries-on-water
Hydrogen

Norled world’s first hydrogen fuel cell ferry to use Linde H2

March 10, 2021 Stu Turley

Norwegian ferry operator Norled has chosen Linde plc as the liquid H2 supplier for its world’s first hydrogen fuel-cell ferry. The ferry will be used for transporting both passengers and vehicles and will be powered […]

Finance

Macquarie Raises Almost $2 Billion for Renewable Energy Fund

February 12, 2021 Stu Turley

Macquarie Group Ltd.’s green investment arm raised 1.6 billion euros ($1.94 billion) for a renewable energy fund. The company’s Green Investment Group Renewable Energy Fund 2 closed after exceeding its target of 1 billion euros […]

US power
Electrical Generation / Utilities

U.K. Power Supply Turmoil Eases as Cable to France Starts Up

January 22, 2021 Stu Turley

The U.K. started receiving power through a new subsea cable from France, that’ll help ease supply troubles which led to record price spikes earlier this month. The first commercial flows of electricity through the 1,000 […]

Commodities

Overnight Oil Report 1/22/2021: Prices slump amid COVID ramp-up

January 22, 2021 Mariel Alumit

ENB Publishers: Markets reminded that CIVD exists (who knew?) driving prices down below $52 Singapore — 0243 GMT: Crude oil futures fell during the mid-morning trade in Asia Jan. 22, as pandemic concerns heightened amid a […]

Bank Of England Tells Banks to Brace For Sky-High Carbon Price - Energy News Beat
Carbon Tax

Bank Of England Tells Banks to Brace For Sky-High Carbon Price

January 14, 2021 Stu Turley

The Bank of England told banks and businesses to start assessing the risks they face from climate change immediately, and brace to pay much more for polluting. The regulator’s warning to businesses is a clear sign that […]

Hinkley Point C unit 2 foundation - Energy News Beat
Coal

UK / Industry Group Says Increase In Coal Use Shows Need For New Nuclear Reactors

January 12, 2021 Stu Turley

Britain has burned more coal in the last seven days than at any time in nearly a year, suggesting that progress towards one of the UK’s key climate goals is stalling and illustrating the need […]

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