WTI crude fell to around $64.50 a barrel, its lowest in two months, after forecasts from the IEA and US government pointed to a growing oil surplus and record-high inventories
WTI crude fell to around $64.50 a barrel, its lowest in two months, after forecasts from the IEA and US government pointed to a growing oil surplus and record-high inventories
Ed Miliband has committed to addressing the “blockers and delayers” impeding the expansion of wind and solar farms as the Government prioritises overcoming nimbyism in its infrastructure strategy.
The International Energy Agency (IEA) has indicated that an annual investment of $4.5 trillion (£3.7 trillion) will be necessary starting from the beginning of the next decade for the world
France’s gas reserves have reached the lowest level in Europe after widespread strikes protesting President Emmanuel Macron’s proposed pension reforms impacted imports.
Major analysts have suggested that due to China’s recovery from years of Covid lockdowns, the price of oil may rise to nearly $90 a barrel this year.
China purchased a huge 700,000-square-foot property worth £255 million in 2018. The former location of London’s Royal Mint is now a 70,000 sq. ft.
Oil lost more on Thursday as concerns about China’s renewed COVID curbs raised concerns about fuel consumption in the world’s largest crude importer.
China’s July coal imports from Russia rose 14% from one year ago to their highest level in at least five decades. This was because China purchased discounted coal, while Western
Many European countries have plans in place for managing gas supply, and even rationing power in the event that Russian gas flows cease after supplies through the Nord Stream 1
As Europe’s energy crisis worsens, Europe was urged to plan for a complete cut-off of Russian gas supplies.
An official from the EU stated Wednesday that the European Union will temporarily switch back to coal in order to deal with the slowing Russian gas flow. This was due
Gas flow via the Yamal Europe pipeline, which normally travels west from Russia into Europe, was reversed Friday. Low supply to Poland from Germany remained largely unchanged since Monday, according