Tag Archives: International

US demand for petroleum and liquid fuels is expected to remain below the 2019 average from before the COVID-crisis until August 2021, according to the US Energy Information Administration (EIA). Total demand for motor gasoline, distillate fuel oil, and jet fuel crashed in March and April due to the stay-at-home …

The process uses microbes to convert carbon dioxide emissions and turn them into high-value proteins.

A £66.5bn potential investment opportunity for the UK could be unlocked if the government takes the necessary measures, according to a new report.

This acquisition brings the company’s portfolio of wind assets to an installed capacity of 538MW.

The change will enable storage projects above of 50MW to be developed in England, while batteries larger than 350MW will be given the go-ahead in Wales.

Oil prices eased on Thursday after OPEC and allies such as Russia agreed to taper record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a big drawdown from the country’s crude stocks. Brent crude LCOc1 fell 27 cents, or 0.6%, …

The sale is the energy giant’s next strategic step in reinventing BP and helping it become a lower carbon company.

The first project to be built is the 38MW Balenahalli development, which will generate clean electricity to power more than 145,000 people.

The oil giant says this was achieved in less than five years of the plant’s operations and it is equivalent to the annual emissions from about 1.25m cars.

The organisations intend to scale up efforts to advance progress on sustainability in Asia and the Pacific.