Natural Gas

New Czech firm backs thermal power

New Czech firm backs thermal power

A privately owned Czech company is making its mark in the European energy market, with a series of acquisitions of older coal, gas and lignite power plants. EPH, founded eight years ago, takes over older thermal plants that generate electricity through steam from larger companies that are diversifying their methods […]

US secures position as energy exporter

US secures position as energy exporter

Growing demand for shale gas, oil and coal has ensured the US has achieved its goal of becoming a net export of energy, according to a recent International Energy Agency (IEA) report. While there have been a number of examples of countries switching from being a net energy exporter to […]

Confidence rises in oil and gas sector

Confidence rises in oil and gas sector

A new report from the Scottish Government has indicated towards growth in the oil and gas sector, despite fears of a no-Brexit deal, which could double trade costs across the industry. Oil and gas production increased by 2.9% in Scotland between 2016-2017, with third quarter sales revenues approaching pre-2014 levels. […]

China Energy to invest $83 billion into US energy

China Energy to invest $83 billion into US energy

China Energy are to invest $83 billion into West Virginia’s shale gas business, according to the Washington Times. The world’s largest power company was formed earlier this year when China agreed to the merger between its biggest coal producer, Shenhua Group Corp and China Guodian Corp, one of the top […]

US to promote coal, gas, nuclear at Bonn climate talks

US to promote coal, gas, nuclear at Bonn climate talks

The Trump administration plans to promote the use of coal, natural gas and nuclear energy as a solution to climate change in a presentation at a United Nations global warming conference. In the programme, The Role of Cleaner and More Efficient Fossil Fuels and Nuclear Power in Climate Mitigation, speakers from […]

IEA: Fossil Fuels key to energy access

IEA: Fossil Fuels key to energy access

A report into energy access has highlighted the role of fossil fuels in providing access to electricity. The International Energy Agency’s Energy Access Outlook 2017, published last week, said that 70% of people who have gained access to energy from the grid did so through fossil fuels. The report states: […]

Total highlights knock on effect of low oil prices

Total highlights knock on effect of low oil prices

The chief executive of Total has highlighted the lack of investment in fossil fuels. Patrick Pouyanné has highlighted the future problems being caused by the lack of investment in new projects due to current low oil prices. Talking to an industry conference in London Pouyanné said that “post-2020, we will […]

BP still committed to oil and gas – CEO

BP still committed to oil and gas – CEO

The CEO of BP has said that BP’s investments in renewable energy are not making the company more profitable. Speaking in London, Bob Dudley, the CEO of BP highlighted the company’s commitment to oil and gas. “We love our wind farms in the United States and our biofuels in Brazil […]