United Kingdom

Nina Chestney

Asia to absorb LNG supply growth from mid-2020 -Shell

20 Feb 2020

LONDON Asia will be able to absorb most of the growth in liquefied natural gas (LNG) supply from the second half of 2020, with Europe ceasing to be a balancing market, Royal Dutch Shell said on Thursday.

Centrica profits plunge on energy price cap, lower gas prices

13 Feb 2020

LONDON Profits at British utility Centrica slumped 35% last year, hit by a government price cap on some energy bills and the impact of lower natural gas prices on its production business, sending its shares down as much as 17% on Thursday.

Global CO2 emissions from power generation flatten out: IEA

11 Feb 2020

LONDON Global carbon dioxide emissions from power production flattened last year to 33 gigatonnes after two years of increase, even though the world economy expanded, the International Energy Agency (IEA) said on Tuesday.

CO2 concentration set for biggest annual rise, fuelled by Australian bushfires

24 Jan 2020

LONDON The concentration of carbon dioxide in the atmosphere this year is likely to show one of the largest annual rises since measurements began in 1958, partly fuelled by Australian bushfires, according to research by Britain's Met Office. | Video

Oil and gas sector keeps faith in low-carbon energy: survey

20 Jan 2020

LONDON More than 70% of oil and gas executives expect to maintain or increase investment in low-carbon energy this year, a survey by an adviser to the industry showed on Tuesday.

Green Investment Group agrees power supply deal with Eramet Norway

17 Jan 2020

LONDON Macquarie's [MBL.UL] Green Investment Group said it has entered into two long-term power purchase agreements with Eramet Norway to supply power to its Norwegian smelters from two wind farms.

U.S. clean energy investment hits new record despite Trump administration views

16 Jan 2020

LONDON Clean energy investment in the United States surged to a fresh record of $55.5 billion last year, despite the government's attempts to roll back supportive policies, a report showed on Thursday.

Thermal coal prices set for recovery this year as oversupply tightens

16 Jan 2020

LONDON Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian countries grows and oversupply tightens due to financing constraints for new capacity.

Green bond issuance hit record $255 billion last year, research shows

16 Jan 2020

LONDON Global green bond and loan issuance climbed by nearly 50% last year to a record high of almost $255 billion, as more investors sought to raise capital to support efforts to combat climate change, an analysis by the Climate Bonds Initiative (CBI) shows.

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