Other News

North Korea ready to export coal, despite sanctions

North Korea ready to export coal, despite sanctions

Commercial satellite images show that North Korea is set to export huge amounts of coal, despite the UN sanctions imposed on the country. The images show the North preparing to export coal to China amid increase tensions between the two nations and the UN Security Council sanctions that ban North […]

Thousands quits PDVSA under military rule

Thousands quits PDVSA under military rule

Huge sways of workers have quit PDVSA under the rule of the head of Venezuela’s oil industry, Major General Manuel Quevedo, who is also president of the state-run oil firm. Thousands of workers are leaving PDVSA, which has alienated its high-level officials under its new military commander, which has led […]

UK price cap will be forced up by green policies

UK price cap will be forced up by green policies

Leading analysts have said household electricity bills could rise by a third, £200, by 2025 as a result of rising wholesale prices and green subsidies. Research by Aurora Research suggests upward pressure, caused by underlying costs, could cause government to increase its energy price cap multiple times, despite ministers condemning […]

Saudi Arabia will not let another oil glut form

Saudi Arabia will not let another oil glut form

Saudi Arabia, the world’s largest exporter of oil, has said it will not allow another supply glut to arise, although also noted it does not want oil prices to increase to “unreasonable levels”. The country’s energy minister, Khalid al-Falih, said members of OPEC are looking to reach a close balance […]

Further disruption expected on Mariner project

Further disruption expected on Mariner project

Workers at the £4.5 billion Mariner project are understood to be considering “unofficial action” once again, unless management at Aker Solutions and Stork “substantially changed their position.” A spokesman for the workers said Aker had make a “paltry offer” to employees following a previous dispute and that Stork had “threatened […]

Murray Energy look into purchasing power plants

Murray Energy look into purchasing power plants

The Chief Executive of Murray Energy Corp, Robert Murray, has said he wants to purchase coal fired power plants in order to help support his mining company. During a side-line event at Bloomberg’s New Energy Finance Future Summit in New York, Murray said an acquisition could occur this year, which […]

Trudeau offers federal aid to secure Kinder Morgan oil pipeline

Trudeau offers federal aid to secure Kinder Morgan oil pipeline

Canadian Prime Minister Justin Trudeau has offered federal aid to Kinder Morgan to ensure the Trans Mountain oil pipeline expansion project goes ahead, despite opposition from British Columbia. The plan was announced to the media by Trudeau following an emergency meeting with the PMs of Alberta and BC on Monday, […]

Scottish government call in planning application of wind farm development

Scottish government call in planning application of wind farm development

The Scottish government has called to question the planning permission application of Inch Cape Offshore Limited (ICOL)’s for an onshore wind farm development. Politicians from across the board have questioned the decision that will see ministers assess the application, rather than the East Lothian Council, due to the timing of […]