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...This includes the CPC pipeline carrying oil from Kazakhstan through Russia to the global market. Western companies including ExxonMobil and Chevron use the pipeline, which Moscow briefly shut in 2022....
...He added that renewable energy capacity increased by 39 per cent last year, while heat pump and electric vehicle sales were rising....
...Heat pumps have enjoyed strong sales, jumping 40 per cent in Europe in 2022, according to the International Energy Agency....
...It was the first time an international court has made a ruling on the legal obligations of governments to take action on climate. Expect more litigation to follow....
...Brent crude, the international benchmark, was little changed on the day at $87.20 in late-afternoon trading, having jumped as high as $90.75 earlier in the session....
...Adair Turner, chair of the international Energy Transitions Commission, is quoted as saying this of his heat pump: “It works a treat” and “the temperature might be a bit less than you might want in a really...
...Growth in the world’s oil use is slowing, the International Energy Agency said on Friday, even as traders’ fears of a supply shock have driven up prices by nearly a fifth this year....
...Boreham said he “absolutely” disagreed with ASPI’s assertion that the CPC actively cultivates foreign influencers....
...The writer is executive director of the International Energy Agency It’s easy to become overwhelmed by the seemingly relentless onslaught of disturbing news about the world’s deepening climate crisis....
...I can tell you they’re all making money,” he said in a new role as head of the International Hydropower Association. “The problem is the cost of building new ones.”...
...Brent, still the international benchmark for oil, has risen by a fifth in the past two months. Despite that, Russia’s currency has sunk nearly as much against the dollar....
...Pump it louder | Low uptake of heat pumps owing to their high costs, policy uncertainty and lack of consumer awareness is slowing efforts to decarbonise Britain’s homes, the government’s spending watchdog...
...US oil and gas production have smashed fresh records in recent months and the country now pumps more than any other nation in history....
...The NIC criticised the low levels of infrastructure investment in the UK economy compared to international peers, which it said had been the lowest in the G7 in 40 years to 2019....
...The January 17 submission deadline is followed by a second on February 21, although the government hasn’t said how many pump-priming grants will be available in total....
...Since its 2016 launch, Octopus has become the UK’s second biggest retail energy supplier and an international player that invests in wind farms, installs home heat pumps, provides electric cars and backs...
...The chapter of the ebook that will gain most attention is an international effort to explain the causes of the post-pandemic inflation in 11 countries....
...Sunak to ditch heat pump targets | The prime minister is poised to drop plans to fine boiler makers who fail to meet strict production targets for heat pumps in the UK prime minister’s latest retreat from...
...In doing so it has ceded market share to non-Opec producers, including the US and Canada, which are expected to pump at record levels this year, according to the International Energy Agency....
...You can feel Hutton priming the pump hard, not least, I suspect, because if you analyse Reeves’s recent Mais Lecture, Labour’s rather anaemic industrial strategy and its red lines over European engagement...
...Octopus’s international expansion comes amid a tough environment in the UK retail energy market....
...The International Energy Agency said in its last oil market report that refiners were enjoying “near-record profits”....
...The CPC, in which US oil major Chevron holds a stake, said there had been “no damage” to the pipeline’s infrastructure....
...They’ve made some quite serious mistakes on fundamental projects of their tenure, one being the famous heat pump law that was supposed to help Germans save energy....
...Charm’s idea is to pump bio-oil into those wells for long-term storage, and sell corresponding carbon credits to corporate buyers....
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