Scottish and Southern Electricity Networks says along with price incentives and better consumer engagement. this could slash emissions and costs associated with energy.

The £100m facility is highly flexible and will provide backup for renewable generation sources like solar and wind power.

That’s the call to action City Minister John Glen is to make when he speaks at the third Green Finance Summit in London later today.

Plans are under way to bring Iran’s oil refining capacity to 2.4 million barrels per day by the end of the current Iranian calendar year to March 20. 2020.

Iran’s support for an agreement between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers. saying. however. such an agreement would be meaningless without an internal understanding inside the organization.

Iranian Minister of Petroleum Bijan Zangeneh said he had no problem with output cut. slamming unilateralism as the biggest problem in the Organization of the Petroleum Exporting Countries (OPEC).

Iranian Parliament Speaker Ali Larijani said that Washington has failed in its attempts to prevent Iran'.s oil sales and its purchase of goods from other countries.

OPEC member countries discussed the issue of cutting oil production at the session on July 1.

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.

Russia’s oil production averaged 11.126 million bpd between May 1 and 26.