Browsing Category
Energy
WTI holds after inventories fall
U.S. oil futures on Thursday held to gains after jumping 2.6% in the previous session as crude inventories fell for the third week in a row.U.S. commercial crude inventories fell by 4.9 million barrels last week, though gasoline stocks…
King’s Speech ‘takes brakes off’ Great British Energy
The Labour Government has unveiled its legislative blueprint for Great British Energy, the UK’s publicly owned energy company pivotal to achieving the ‘2030 net zero grid target’.Today, His Majesty The King has announced the government’s…
Here’s the inflation breakdown for June 2024 — in one chart
David Paul Morris/Bloomberg via Getty ImagesInflation fell further in June as lower gasoline prices combined with other easing price pressures to bring relief for consumers' wallets.The consumer price index, a key inflation gauge, rose…
OVO offers free solar panels to customers
Energy supplier OVO has launched a new reward scheme allowing customers to bank five free solar panels.The panels can be redeemed and installed when customers choose an OVO solar and battery package.This initiative is part of OVO’s…
WTI falls, snapping four-week winning streak
An offshore oil rig platform is photographed in Huntington Beach, California, U.S. July 4, 2024. Etienne Laurent | ReutersCrude oil futures fell on Friday, snapping a four-week winning streak as the recent rally lost momentum. Prices…
A new era in electric driving
In a world increasingly conscious of its environmental impact, the rise of electric vehicles (EVs) marks a significant stride towards sustainable transportation.Among the brands leading this transition is smart, with its latest…
U.S. states with the best infrastructure: Georgia, Arizona, Virginia
With hundreds of billions of dollars in new federal infrastructure spending under the Bipartisan Infrastructure Law, the CHIPS and Science Act and the Inflation Reduction Act, companies are eager to cash in. And states are scrambling for…
‘We cannot tackle climate change without carbon removals’ says Drax
“We cannot tackle climate change without carbon removals,” asserted Angela Hepworth, Commercial Director at Drax, during her keynote address at The Big Zero Show.In her address, Ms Hepworth likened the accumulation of carbon dioxide in…
WTI rises as inflation eases
An oil pumpjack is shown in a field in Stanton, Texas, on June 27, 2024.Brandon Bell | Getty Images News | Getty ImagesCrude oil futures rose Thursday as inflation eased, bolstering hopes that the Federal Reserve will cut interest rates…
Ally Pally goes gusty with new Octopus wind turbine
Octopus Energy has erected a temporary wind turbine at Alexandra Palace.The turbine, named ‘Gusty Spinfield’, made its first appearance at Glastonbury and will now provide power for food and drink stands during this month’s outdoor…