The UK’s oil and gas industry sets its goal of halving harmful emissions from exploration and production by 2030. This goal is in line with the country-wide target of achieving a net-zero carbon economy by 2050.
The oil and gas industry produces around 4% of the total emissions in the UK and that number is exclusive of the.
In light of the ongoing COVID-19 crisis, the UK government has circulated guidance in March 2020, imposing premises and businesses to close down unless deemed essential. Also, non-essential travel, large gatherings, and other similar activities are to be avoided at all costs.
Bournemouth Water and South West Water’s parent company Pennon Group has approved the sale of Viridor amounting to a £4.2-billion deal.
Viridor is a waste management business and will be sold to Planets UK Bidco Limited. The deal is set to be closed in summer 2020 following its approval by the EU Merger Regulations last 8th May.
Germany energy company E.ON recently announced that it had completed the buy-out of peer Innogy’s minority shareholders, marking the final step of the breakthrough asset swap with Innogy’s German parent firm RWE.
As a result, E.ON is expecting an imminent delisting of Innogy, which was once the leading energy group in Germany by market cap.
Electric vehicles or EVs are quickly becoming a top car choice for UK residents, particularly since the government has set legally-binding goals for a net-zero carbon economy. It’s an eco-friendly alternative to burning harmful fuels like petrol and diesel.
The industry watchdog Phone-paid Services Authority (PSA) imposed a fine and a ban on Salvatet Inversiones SL for seriously breaching four rules under the Code of Practice.