Natural Gas

Asian development bank intervenes in Bangladesh

Asian development bank intervenes in Bangladesh

$227 million has been allocated for Bangladesh by the Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) to deal with the country’s energy crisis. Experts say that Bangladesh’s unstable gas supply and growing reliance on overseas imports is hampering the economy with some locally-based businesses unable to operate. […]

Coal to surpass gas as the most common electricity generation fuel this winter

Coal to surpass gas as the most common electricity generation fuel this winter

Coal is set to surpass natural gas as the primary fuel for electricity generation this winter, according to the US Energy Information Administration. Since April 2015 natural gas has consistently been the primary fuel for electricity generation – indeed for the first six months of 2016 natural gas supplied 36% […]

Coal and gas to underpin rising global demand for power

Coal and gas to underpin rising global demand for power

Coal and gas will continue to dominate global energy supply over the next two decades and beyond, the International Energy Agency has said.  Declaring the era of coal and gas ‘far from over’, the 2016 edition of the World Energy Outlook, published today, said the fuels will still be producing […]

World’s largest oil and gas companies give $1bn to carbon capture

World’s largest oil and gas companies give $1bn to carbon capture

Today, carbon capture and storage took a large step forward with the investment by the world’s ten largest oil and gas companies. The CEOs and Chairmen of the company said in a joint declaration they would invest $1 billion over 10 years to reduce their emissions. Announcing the new Oil […]

FTSE drops post Brexit Ruling

FTSE drops post Brexit Ruling

Following the High Court ruling on Brexit and the Bank of England’s call on interest rates, the FTSE 100 has taken a dive led by exporters. Oil futures have edged upwards following an attack on a pipeline in Nigeria that disrupted supply and a weaker US dollar. Brent crude is […]