Other News

Kenya tests oil pilot scheme

Kenya tests oil pilot scheme

At the beginning of this month, Kenya sent its first trucks moving crude from its northern region of Turkana to the port of Mombasa as part of the country’s pilot oil export scheme. Kenya had 700,000 barrels of oil stores in Turkana in the middle of May but was unable […]

Green energy to cost global economy trillions

Green energy to cost global economy trillions

Research from the University of Cambridge has found that the burst of the “carbon bubble” will lead to another drastic downturn of the global economy that will cost trillions of dollars. In the case of such a downturn, the study predicts mass unemployment that would result in the populist leaders […]

Venezuela has failed to meet oil supply commitments

Venezuela has failed to meet oil supply commitments

PDSVA, Venezuela’s state-owned oil company, has told eight foreign clients that it will not have the ability to supply the contracted volumes of crude oil. A company employee told S&P Platts: “Among the affected clients due to the low availability of crude to export are Nynas, Tipco, Chevron, CNPC, Reliance, […]

U.S. President Donald Trump gives a press briefing with U.S. National Security Advisor John Bolton and Larry Kudlow at the G7 summit in the Charlevoix city of La Malbaie, Quebec, Canada June 9, 2018. REUTERS/Leah Millis

US advocates fossil fuels for energy security at G7

Tensions flared between the US and other G7 members as it moves to prioritise economic growth and energy security over a rapid transition to renewables.  At the G7 summit in Canada, the US reiterated its belief that all countries should be able to decide their own domestic energy policies. As part of […]

G7 countries spend $100 billion on fossil fuels despite climate pledges

G7 countries spend $100 billion on fossil fuels despite climate pledges

A new study has found that G7 countries spend at least $100 billion each year on supporting fossil fuels, while they limit the economic growth of developing countries by encouraging them to reduce fossil fuel subsidies. The Group of Seven (G7) is made up of the UK, Canada, France, Germany, […]

Major coal innovation on the cusp of breakthrough

Major coal innovation on the cusp of breakthrough

Researchers from Ohio State University in Columbus believe they have found a way to generate power with coal, without emitting pollution, through a process called coal-direct chemical looping. The process burns fossil fuels and biomass in pressurised reactors, with metal oxide producing the oxygen needed for combustion. This “loops” gases […]

Eastern Europe cannot afford a rapid transition from coal

Eastern Europe cannot afford a rapid transition from coal

Countries across Eastern Europe have expressed plans to continue burning coal for decades to come, insisting they do not have the finances to transition to other forms of energy. Coal producers, such as Romania which produces a quarter of its energy from coal, argue that the commodity is crucial for […]

Cuadrilla confirms injunction against fracking protesters

Cuadrilla confirms injunction against fracking protesters

Cuadrilla Resources has secured an expanded injunction against protestors at its Preston New Road site in Lancashire, following the leaps it took towards commencing its fracking operations on a significant scale. One court case revealed that the police had advised the firm to take the injunctions out against activists after […]