UK Oil & Gas PLC (AIM: UKOG) has signed a lease agreement for its second hydrogen storage site in Dorset. The company announced on Wednesday that a 60-year heads-of-terms deal
UK Oil & Gas PLC (AIM: UKOG) has signed a lease agreement for its second hydrogen storage site in Dorset. The company announced on Wednesday that a 60-year heads-of-terms deal
Thames, Yorkshire, and Northumbrian Water face record fines totalling £168 million for a “catalogue of failures” involving illegal sewage discharges into rivers and the sea, following the industry regulator’s largest-ever
UK Oil & Gas PLC (AIM: UKOG) has conditionally raised gross proceeds of £1 million to develop further its hydrogen gas storage projects in Dorset and Yorkshire.
UK Oil & Gas PLC (AIM: UKOG) surged another 29% following a letter of support from ‘big five’ UK energy supplier RWE (ETR: RWE) for its underground hydrogen storage projects
Wholesale gas prices have seen a decrease as energy providers shift to coal, which has become more cost-effective.
The UK’s gas network is operating at full capacity due to a shortfall in renewable energy production necessary for heating homes across the country.
The UK’s largest storage facility has begun supplying gas to the national grid in response to the increased heating.
Gas prices are poised for a fifth consecutive weekly decrease, influenced by mild weather conditions and substantial reserves in Europe.
Oil prices declined by 2% today as market participants anticipated a postponement of Israel’s ground assault on Gaza.
European gas prices have surged due to concerns that the Middle East conflict might escalate.
Oil prices are approaching $90 a barrel following intensified US sanctions on Russian oil exports.
British gas prices have continued their march higher as the bloodshed in the Middle East and gas leak in the Baltic Sea raises concerns about supplies.