‘First ever’ £430m government-backed green transition loan announced

Wood plc will receive the loan to increase clean growth exports, green jobs and take advantage of the energy transition

Scottish firm First Subsea lands £12m of offshore wind export orders

The company’s cable protection systems are designed specifically for the challenging environmental conditions associated with offshore wind farms

UK plastic recycling ‘could more than triple by 2030’

The British Plastics Federation projects exports of plastic waste could more than halve and the UK could eliminate reliance on low quality exports within the next decade

US extends additional LNG export authorisations through 2050

The issuances extend each project’s LNG export authorisation to both free trade and non-free trade agreement countries through 31st December 2050

US sets new records for natural gas production and consumption in 2019

The Energy Information Administration reveals natural gas production rose by 10%, reaching a record high average of 93.1 billion cubic feet per day

India moves to make power and renewable sectors self-reliant

The government seeks to reduce import dependency in a bid to boost domestic manufacturing and job opportunities

China’s petrol exports witness 32% surge amid covid-19 pandemic

China National Petroleum Corp’s research institute has predicted a 35.7% downfall i for the first financial quarter

Environment Bill to give new powers to stop exports of plastic waste

The government has also committed to set a legally binding target to reduce fine particulate matter, the pollutant of greatest harm to human health

Malaysia to send plastic waste back to UK and other foreign countries

One UK recycling company is said to have exported more than 50,000 metric tonnes of plastic waste to Malaysia over the past two years

Global LNG market faces sharp shifts in supply and demand

LNG supply is estimated to increase by 33 million metric tons per year in 2019