Western sanctions struggle to hit Russian revenues, reveals IEA report June 15, 2022 Higher crude oil and fuel prices allowed Russian revenues to climb in May, revealed the International Energy Agency in its latest report.
BP buys hefty stake in $30bn renewable mega-project in Australia June 15, 2022 BP has snapped up a chunky stake in a massive renewable energy project in Australia - which could become the largest green project in the world.
Steel can power UK’s energy ambitions, says Severfield boss June 15, 2022 Steel has a vital role in boosting energy infrastructure and help power the transition to a greener economy, argued Severfield's boss.
Government finalises extension to coal power plant as winter crisis looms June 14, 2022 The Government has secured an extension to operators at one of the UK's three remaining coal plants into next winter.
Government buys stake in Sizewell C and paves way for funding June 14, 2022 The government has made progress on its proposed funding scheme for nuclear power, with Sizewell C set for taxpayer backing.
Total Energies takes stake in Indian renewable specialist to back giant green hydrogen project June 14, 2022 French energy major TotalEnergies (Total) will buy a 25 per cent stake in ANIL to develop the world's biggest hydrogen ecosystem.
Gas prices soar as flows dip from key markets June 14, 2022 European gas prices have spiked again this morning amid both lower flows from Norway and Russia, and weak wind output.
Oil and gas body launches UK’s first ever carbon storage licensing round June 14, 2022 Thirty million tonnes of CO2 could be permanently stored in rocks deep beneath the UK’s surrounding seas by the end of the decade.
Europe funds Russian war efforts as biggest buyer of Kremlin-backed fossil fuels June 13, 2022 Fossil fuels are filling the Kremlin's war chest and despite its sanctions, the EU remains its biggest buyer of energy supplies.
Oil prices flat as tight markets compete with dropping demand ahead of IEA report June 13, 2022 Oil prices have flatlined - with benchmarks being pulled from both directions by competing factors in a volatile market.