Israel and Turkey are working to protect planned gas contracts against future diplomatic turbulence through instituting a formal framework between the two countries. With regional tensions running high, both sides are looking for assurances that any deal that is brokered will protect investors from any future political tension between the […]
The coal mining industry in China grew by 157 per cent in the first 11 months of 2016, boosting industrial profits, according to figures released by the country’s National Bureau of Statistics. Chinese industrial profits rose 14.5 percent from a year earlier to 774.6 billion yuan ($111 billion), which was […]
French energy company Engie has announced plans to grow its UK business by merging its offerings of energy management and supply, and conventional support services, to councils, museums and corporate offices. The company, formerly known as GDF Suez, is one of the UK’s biggest business energy firms, supplying power to […]
Oil and gas giant BP has shied away new investment from Iran, in anticipation a hardline stance from the incoming Trump Administration. Following the lifting of sanctions, Iran has been keen to strike deals with international energy groups, hoping to attract investment to modernise its ageing oil and gas extraction […]
The Times reports that the Government is reviewing the Office for Nuclear Regulation (ONR) after the paper revealed almost 1,000 incidents between 2012 and 2015. The revelations have raised concerns over the safety of the UK’s nuclear power stations. Between 2012 and March 2015, the ONR recorded 973 incidents with […]
An internationally renowned energy expert has warned that the country must act now to avert an energy crisis. Aled Jones, Director of the Cambridge-based Global Sustainability Institute, warned Mail Online: “For energy security purposes we need to do something now.” Mr Jones’ warning is based on the fact that since […]
Dr Kent Moors, global energy strategist with Oil & Energy Investor, has warned of a looming UK ‘energy crisis’ that will lead Britain – ‘the great-grandfather of coal-based economies’ – to import the fossil fuel. Moors forecasts that, thanks to a rush to renewables rather than maintaining a diverse energy […]
US Energy Secretary Moniz has said the US is ‘leading the way in carbon capture’ and has described his department’s latest project as yet another ‘big step forward’ in American CCS development. In a fresh show of faith in Carbon Capture and Storage (CCS), the Department of Energy has committed […]