Other News

Cuadrilla gets the go-ahead to frack second Lancashire site

Cuadrilla gets the go-ahead to frack second Lancashire site

Cuadrilla has received the final approval needed from the UK Government to frack a second exploration well at its Preston New Road site in Lancashire. The shale company has already been given the go-ahead by ministers for fracking at its first well at the site and has planning and environmental […]

Coal steps up amidst rising gas prices

Coal steps up amidst rising gas prices

The UK energy market has seen a surge in the use of coal as higher gas prices have forced utilities to look for alternate options. As wholesale gas prices hit 10-year highs, forcing consumer energy prices up, coal fired power has become significantly cheaper than its gas counterpart. “It became […]

Trump backs Polish energy security

Trump backs Polish energy security

In a bid to counter Russia’s energy dominance over Europe, US President Donald Trump has announced an energy security partnership with Poland which will be used to encourage diversity across the European market. During a press conference with his Polish counterpart, Andrzej Duda who is in Washington for his first […]

Russian cyberwar could strike North Sea

Russian cyberwar could strike North Sea

Premier Oil’s head of cyber security has intimated that actions against Russia could result in a cyber retaliation against operators in the North Sea if the UK Government becomes too offensive on Moscow. During an industry conference Vince McCaughey, responsible for the company’s global cyber security, highlighted recent reports that […]

Russia and Saudi commit to long-term cooperation pledge

Russia and Saudi commit to long-term cooperation pledge

Russian energy minister Alexander Novak and his Saudi counterpart Khalid al-Falih have committed to a long term working cooperation agreement to encourage greater collaboration between OPEC and non-OPEC members. During a meeting in Moscow the two energy ministers discussed extending bilateral ties and the wider global energy market. The Russian […]

Petrobras to boost 2019 production

Petrobras to boost 2019 production

In a bid to cut its debt, Brazil’s state-owned Petrobras will increase oil production by as much as 10% to 2.3 million barrels per day in 2019, according to the company’s chief financial officer Rafael Grisolia. The CFO said Petrobras aims to increase oil production by 8 to 10% in […]

RWE say 2035 coal exit is too soon

RWE say 2035 coal exit is too soon

German utility RWE has come out, along with its works council and trade unions, opposing plans to end coal fired power generation by 2035 and calling for a compromise between the government commission and environmentalists. In a statement, RWE said the 2035 target was unacceptable due to the amount of […]

US target 2022 LNG deliveries to Germany

US target 2022 LNG deliveries to Germany

Deputy US Energy Secretary Dan Brouillette has said firms can expect to be delivering American liquefied natural gas to Germany within the next four years as the country seeks to challenge Russia’s dominance of the European energy market. During an interview with Bild, Brouillette said: “U.S. liquefied natural gas is […]