Equinor and ENGIE team up to produce hydrogen from gas

The project will be designed to capture carbon dioxide and store it permanently offshore

Green agenda hijacked as carbon prices jump, but will energy prices be contained?

Carbon jumps again with the green agenda hijacked, but will prices be contained?

bp sells 20% stake in Omani gas project for $2.6bn

The move is part of a $25 billion divestment programme by 2025

New £150m world record-breaking Humber pipeline delivering gas for National Grid

The Humber Tunnel can transport between 70m to 100m cubic metres – or around a quarter – of Britain’s gas

Drax reaches agreement to sell gas assets for £193m

The British power producer plans to use the proceeds from the sale to develop its biomass business

‘Up to £416bn of net zero investment needed by 2050 if UK is to remain a global energy leader’

That’s the forecast from the Oil and Gas Technology Centre and Offshore Renewable Energy Catapult, which suggest new investment in clean North Sea technologies could boost the UK economy by as much as £125 billion each year

EU emissions fall to lowest level in three decades as countries ditch coal

The drop was mainly driven by the power sector, where emissions fell by almost 15%, primarily due to coal-fired power production being replaced by electricity from renewables and gas

Quick-response batteries and flexible gas plants ‘could boost renewable deployment at a lower cost’

Wärtsilä claims installing 7GW of flexibility capacity to balance renewable generation could see the share of clean power reach 62%, higher than it says would be possible by deploying wind and solar alone

Turning up the Heat: The Green Gas Levy

UK gas prices are currently amongst the lowest in Europe. Wholesale prices are highly competitive, taxes are relatively low, and for business users, at least, network costs account for a relatively low proportion of the bill.

UK-Singapore to collaborate on energy market regulation and clean energy tech deployment

Ofgem and the Energy Market Authority will hold their second bilateral dialogue virtually in the first quarter of 2021