At Dungeness B nuclear power station on a remote stretch of the Kent coast in south-east England, workers are making preparations to carefully remove thousands of radioactive fuel elements from Continue Reading
A recovery in European jet fuel demand to pre-pandemic levels is years away, forcing regional refiners to continue blending the aviation fuel into diesel, and keeping a lid on their Continue Reading
From abattoirs to restaurant kitchens, the U.K. food sector is facing a massive challenge this summer: there just aren’t enough workers. The food industry, already facing labor shortages because of Continue Reading
Oil is heading for a fifth weekly advance, the longest winning streak since December, as stockpiles shrink and the market tightens ahead of an OPEC+ meeting that will consider pumping Continue Reading
Oil prices climbed for a third straight session on Friday, on track for a fifth consecutive weekly gain, as demand growth is expected to outstrip supply on bets that OPEC+ Continue Reading
Oil eked out a small gain in a choppy trading session with traders awaiting upcoming deliberations among OPEC+ producers that may lead to a supply hike. U.S. crude futures closed Continue Reading
Oil edged higher above $73 a barrel in New York as falling stockpiles in the U.S. and China added to bullish sentiment around the global demand recovery. Gasoline inventories in Continue Reading
Governments around the world have been slow to take uncomfortable decisions to persuade consumers to cut energy consumption to help achieve climate targets, often because consumers are not ready to Continue Reading
Highlights Members will meet online July 1 to decide on August quotas Robust demand growth prompts talk of $100/b oil prices Pandemic recovery, Iran nuclear talks remain uncertainties Dated Brent Continue Reading
One of OPEC’s largest producers, the United Arab Emirates (UAE), is considering the potential adoption of a net-zero by 2050 goal, Bloomberg reported on Thursday, citing sources with knowledge of Continue Reading
