Ethiopia starts producing electricity from Africa’s biggest hydropower plant February 20, 2022 Ethiopia has started producing electricity at its Grand Ethiopian Renaissance Dam, a massive hydropower plant on the River Nile.
Wind farms paid to halve electricity output to prevent energy grid being overwhelmed February 20, 2022 Wind farms have been paid to stop producing electricity, according to research published in The Sunday Telegraph.
Scandal-hit miner Rio Tinto to unveil historic dividend February 20, 2022 Rio Tinto will reportedly hand $16.5bn to shareholders, in one of the largest ever annual dividends in UK corporate history.
Gazprom’s European gas supplies drop to decade low amid fractured unity over sanctions February 20, 2022 Gazprom's European gas supplies has fallen to 10-year lows, while Germany and Italy fret over sanctions reducing their energy reserves.
Macron to prop up EDF with over €2bn after imposing price cap on energy firm February 18, 2022 The French government will pump over €2bn into struggling energy giant EDF following its decision to limit its ability to take profits.
Two more energy firms bite the dust as market crisis deepens February 18, 2022 Whoop Energy and XCel Power have ceased trading, with Ofgem pledging to protect its customers and designate a new supplier.
Gold consolidates rallies as investors seek safe haven from Ukraine tensions February 18, 2022 Gold prices have stabilised after surging over the past two days, ahead of a potential US-Russia meeting over Ukraine next week.
Breezy does it: Wind output pushes down power prices while diplomacy causes oil and gas to falter February 18, 2022 Power, gas and oil prices all stutter amid stormy weather and increased hopes of diplomatic solutions to geopolitical tensions.
Natwest reveals £1bn cut in lending to oil and gas sector February 18, 2022 NatWest cut lending to the oil and gas sector by 21 per cent in 2021, with the bank pushing to decarbonise its loan book and hit net zero.
Oil prices suffer weekly fall for first time in two months amid Iran-US talks February 18, 2022 Oil prices are heading for a weekly fall for the first time in nearly two months, following further losses on both major benchmarks.
