On Wednesday oil prices plummeted, as global benchmark Brent crude fell below $90 per barrel, and American benchmark West Texas Intermediate (WTI) landed at around $85 per barrel. According to data from London’s Intercontinental Exchange, […]
Britain’s new Prime Minister Liz Truss will on Thursday scrap the country’s fracking ban and will seek to make more use of North Sea reserves, the Telegraph newspaper reported. The reported moves are part of what […]
LONDON, Sept 7 (Reuters) – Britain’s new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring energy bills, which looks likely to cool inflation but add more than […]
The UK’s new government must double or even triple the rate of offshore wind turbine installations to meet its target of a four-fold increase in offshore renewable energy by 2030, according to a new report. […]
Next week the future of many of the world’s forests will be decided when members of the European parliament vote on a revised EU renewable energy directive. If the parliament fails to change the EU’s […]
Essay by Eric Worrall UK Prime Minister Liz Truss apparently wants us to believe she is Margaret Thatcher reborn. But her history of political switchbacks on important issues leaves a lot of uncertainty. Boris […]
Today’s rapidly rising household electricity bills are a consequence of unrealistic energy and climate policies that forced us to use low quality and unreliable renewable energy, giving the illusion of diversity and security, while discouraging the high-quality sources such as […]
NEARLY 14 million trees have been chopped down across Scotland to make way for wind turbines. The Scottish Government expects to be generate 100 per cent of its electricity from renewable sources this year – but concerns […]
Low cost airline CEO Michael O’Leary told reporters he expects to see his airline, Ryanair, cruise through a recession as customers trade down from his more expensive rivals to ease the strain on their pocketbooks. […]
London shipping broker Braemar has reported “huge interest” in long-term charters of tankers for liquified natural gas as demand for the commodity “soaked up all available tonnage” with energy markets in flux after Vladimir Putin’s invasion of Ukraine. The […]
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