Connected Kerb deems public charging infrastructure for electric vehicles in the UK unfit for purpose and states a radical overhaul is needed to make ownership accessible to all.
Read More »Global Economy will Recover after COVID-19 Situation Stabilizes
The global economy will begin to recover after the current situation with the novel coronavirus (COVID-19) stabilizes, Russian Prime Minister Mikhail Mishustin said during the government session on economic issues on Saturday. He added that Russia’s oil industry is ready for volatility on world markets. “Today, the global economy is …
Read More »Total to Develop Floating Wind Projects in Celtic Sea with Simple Blue Energy
The UK is thought to require at least 75GW of operating offshore wind capacity to reach the net zero target in 2050.
Read More »Oil Prices Likely to Find Support at $30-$40 Range for 2020
Oil prices could find themselves going much lower in the next few days and weeks before bottoming out – as low as $10 – with prices eventually recovering to find support at a price range between $30-$40 as the COVID-19 outbreak starts to slow down. “With the additional quarantines that …
Read More »Energy Networks Association Announces Emergency Coronavirus Package
The ENA has written to the customers it represents stating around 36,000 energy sector employees were working to ensure that homes in the UK stay powered.
Read More »Oil Demand to Fall more than 10%
Global oil demand could fall by more than 10 percent due to lockdowns spreading across Europe to fight the coronavirus outbreak as well as measures in the US, Vitol, the world’s largest oil trader, said on Friday. But the drop would be much higher if the virus prompts widespread lockdowns …
Read More »BP has Announced a Net Zero Emissions Plan
A growing number of oil and gas companies are trumpeting plans to cut their greenhouse-gas emissions amid mounting pressure from investors, policymakers, and a public concerned about climate change—or the financial risks it poses to the sector. In the latest move, BP announced its “ambition” on Wednesday to eliminate emissions …
Read More »US to Become the ‘World’s Leading LNG Exporter by 2025’
The US will become the world’s leading exporter of liquefied natural gas (LNG) by 2025, says an analyst. LNG has grown in popularity over recent years, providing energy companies with a lower-carbon alternative to coal as they seek to reduce their emissions amid growing climate change pressure. Record production levels …
Read More »History Shows the 2020 Oil-Price War Won’t End Soon
How long can the vicious oil-price war between Saudi Arabia and Russia last? If history is any guide, the battle will be a long one. Riyadh has waged four price wars, including the current one, over the last 35 years. All of them lasted at least a year, and prices …
Read More »Floating Wind Tech Winners to Share a Slice of £1m Funding
Eight winners of a Scottish Government-funded floating wind competition have been announced, including businesses behind a 3D-printed anchor and a self-charging mooring line.
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