Britain’s Record Sunshine Offers a Glimpse Into a Dry Future
May was the U.K’s driest month in 124 years, and this spring was its sunniest on record. That came as welcome relief to millions of people locked down at home to slow the Continue Reading
Russia’s Putin declares state of emergency after Arctic Circle oil spill
The leaked diesel oil drifted some 12km (7.5 miles) from the site of the accident Russia’s President Vladimir Putin has declared a state of emergency after 20,000 tonnes of diesel Continue Reading
Russian River Will Take Decades To Recover After Fuel Spill
Some 20,000 tons of fuel and lubricants spilled into an Arctic river near the industrial city of Norilsk and it will take decades for the river, Ambarnaya, to recover, the Continue Reading
Europe’s Natural Gas Glut May Force Supply Cuts
Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further. Continue Reading
Russia Is Quickly Becoming The Most Dominant Force In Energy
Moscow’s oil pricing dispute with the Government of Saudi Arabia, a domestic U.S. oil boom, and a fall in global oil demand since the COVID19 outbreak have damaged Russia’s oil Continue Reading
VW preparing for mass-scale EV manufacturing:
Volkswagen is one of the few automakers already implementing its long-term electrification strategy and preparing for mass-scale electric vehicle manufacturing, despite the negative outlook for the auto industry due to Continue Reading
UK power grid balancing costs up 49% in April as gas fees boom
Balancing costs for April on the UK electricity grid were up 49% year on year as constraint payments to gas plants more than doubled to GBP56 million ($70 million), according Continue Reading
Sunniest Spring Helps U.K. Hit a New Solar Record
The U.K.’s sunniest spring on record has boosted solar power’s share of the electricity mix to new heights. Clear skies throughout May, with low power demand during the coronvirus lockdown, helped the Continue Reading
Trump And Putin Discuss The Future Of The Oil Market
U.S. President Donald Trump and Russian President Vladimir Putin discussed via phone the OPEC+ production cut agreements on Monday, according the Kremlin . The discussions included acknowledgement that the current Continue Reading
Worst may be over for euro zone factories, recovery to be slow: PMI
Euro zone manufacturers appear to have passed their nadir, a survey showed on Monday, but activity is still contracting sharply as government-imposed lockdowns due to the coronavirus pandemic keep demand Continue Reading