6 energy stocks to hold despite stranded gas projects worth billions

Highlights  Global crude oil prices are trading at three years high after OPEC+ nations said they would follow the gradual output increase approach. Demand for crude oil has shot up amid global recovery after the Covid-19 pandemic. Cr...

Highlights The UK has been gripped by soaring gas prices caused by lower reserves, lower wind output, higher demand and other factors Oil prices also rose on 1 October, after OPCE+ decided to increase its output to ease a global tight supply of...

Highlights  About 200 military personnel are set to start fuel deliveries from today in a bid to address the UK’s fuel supply crisis. The UK has been grappling with a fuel crisis for last few weeks due to an acute shortage of qualifi...

Highlights  About 200 military personnel are set to start fuel deliveries from today in a bid to address the UK’s fuel supply crisis. The UK has been grappling with a fuel crisis for last few weeks due to an acute shortage of qualifi...

Oil prices has been on an uptrend for the past week due to continuing increase in demand. Brent crude oil opened trading just below US$ 80 per barrel today, a three year high last seen in October 2018. Brent crude December futures were trading at ...

Highlights  The UK government suspended its competition law and activated the Downstream Oil protocol to allow fuel suppliers, hauliers and others to better coordinate with each other and supply fuel to the most affected sites. The PM is a...

Highlights  Millions of UK households may face a second record rise in the energy bills next spring, over and above the £139 increase due next month. The price surge comes after the global wholesale costs dramatically increased due t...

Highlights Supply chains across various industries disrupted due to CO2 shortage. The UK Government and the American firm CF Industries has finalised a deal to restart CO2 production. CO2 is crucial for many sectors from the food and drink ind...

Highlights Avro Energy and Green became the latest energy suppliers to collapse on Wednesday due to the ongoing gas supply crisis. Avro is the largest supplier to go bust till date, with a customer base of 580,000. About 1.5 million household...

Highlights  The UK Government has struck a deal with CF Industries to restart CO2 production at Ince, Cheshire and Billingham, Teesside plants. The CO2 shortage may negatively impact several crucial industries and this move will help avert...