The price of oil spiked just minutes after Tehran seized a foreign vessel which was smuggling one million liters of fuel near Larak Island in the Strait of Hormuz off Iran’s coast.
Read More »Iraq Plans to Launch Pipelines to Export Oil through Jordan. Syria
The goal is to increase Iraqi export outlets and find markets for the increasing oil production.
Read More »Iran’s Actions in the Persian Gulf Meet International Maritime Law
All 23 crew members of the Stena Impero tanker detained by the Iranian authorities in the Strait of Hormuz are on board the vessel in Bandar Abbas.
Read More »We can`t Expect Oil Prices To Go Much Higher
Slowing oil demand growth and a persistent global glut will cap oil prices and keep them from rising too much.
Read More »Ofwat Orders £50 Reduction in Water Bills for Consumers
Water companies must also invest an additional £6m each day between 2020 and 2025 to improve the environment and services for customers.
Read More »Libya’s El Sharara Oilfield Shut Down since Friday
The field was pumping around 290.000 bpd prior to the shutdown.
Read More »More Than Half of UK Public Don’t Trust Energy Suppliers
That’s according to the latest BEIS Public Attitude Tracker. which is now on its 30th wave of finding out what the UK public think about a variety of energy issues.
Read More »New Trial Offers Financial Incentives for Smart EV Charging
Up to 1.000 members of the public who own EVs and charge it at their homes will take part in the pilot project.
Read More »Electric Vehicle Models in Europe to Triple by 2021
Car manufacturers in the EU are expected to offer 214 electric models over the next three years.
Read More »Norway Pledges Additional £8.4m for UN Environment
Norway has earmarked funds to support efforts to combat marine pollution.
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