EIG Acquires EDF’s 49MW West Burton B Battery
EDF’s 49MW West Burton B battery is one of the largest in Europe, according to the company. Image: EDF. EDF’s 49MW West Burton B battery storage asset has been sold alongside its combined ...
Shell's Third-Quarter Refining Margins Drop Sharply
Shells refining profit margins fell nearly 30% in the third quarter, dropping from $7.7 to $5.5 per barrel due to decreased global demand and new refinery capacity. This decline is expected to impact ...
Exclusive: BP Abandons Goal To Cut Oil Output, Resets Strategy
Wedoany.com Report-Oct 08, BP has abandoned its target to reduce oil and gas output by 2030 as CEO Murray Auchincloss shifts the company’s energy transition strategy to regain investor confidenc...
Britain to Become First G7 Country to End Coal Power as Last Plant Closes
Wodoany.com Report-Sept 30, Britain will become the first G7 country to end coal-fired power production on Monday with the closure of its last plant, Uniper’s (UN0k.DE), opens new tab Ratcliffe-...
Octopus Energy to Invest £2BN in UK Renewable Energy
Octopus Energy Generation has announced a £2bn investment in UK renewable energy projects by 2030, emphasising solar capacity with 222MW in the pipeline. The investment encompasses the developme...