Other News

Shell’s recovery a sign of hope for oil industry

Shell’s recovery a sign of hope for oil industry

After three years of financial stress, Royal Dutch Shell has restored its all cash dividend and approved a $25 billion share buyback – a sign of the revival of the oil industry. From the fourth quarter of this year, Shell will scrap its scrip dividend programme, to pay investors with […]

EPA takes Clean Power Plan to coal country

EPA takes Clean Power Plan to coal country

The US Environmental Protection Agency (EPA) held a public meeting in West Virginia to hear from coal miners, lobbyists, environmentalists and others on the agency’s proposal to dismantle Obama’s Clean Power Plan (CPP). Robert Murray, CEO of Murray Energy, attended the event along with twenty miners in hard hats from […]

Ministers recommend 9 month extension to OPEC cuts

Ministers recommend 9 month extension to OPEC cuts

The ministerial committee responsible for the extension of oil cuts, has recommended a nine-month extension, on Wednesday, which would carry it through to the end of next year. Just one day before the bloc’s official summit in Vienna, the ministers said the agreement should be for another nine-month extension. An […]

Spanish govt act to keep coal power stations running

Spanish govt act to keep coal power stations running

Last week, the Spanish government announced it would seek a veto vote on the closure of coal power plants to ensure energy security for the country. This comes after the announcement that two of Endesa’s coal power plants in Spain would close down. Following this decision, the Ministry of Energy, […]

US strengthens relationship with China

US strengthens relationship with China

During President Trump’s recent visit to China, two deals were proposed which will increase dependence between the two countries and encourage collaboration as the US moves into the role of an energy exporter. While China’s government has encouraged its energy industry to diversify abroad to gain access to fossil fuels, […]

IEA: developing countries drive growth in electricity demand

IEA: developing countries drive growth in electricity demand

A recent International Energy Agency (IEA) report has said that in 2040 demand for electricity will rise by 60%, with 85% of growth from developing countries, especially Asia. The World Energy Outlook 2017 report states: “Electricity demand growth in the New Policies Scenario is dominated by developing economies, to the […]

Teesside CCS project gets endorsement from European Commission

Teesside CCS project gets endorsement from European Commission

European officials have given their support to the Teesside Collective organisation, which is working to ensure the Northeast is at the forefront of cleaner air technology. Proposals from Teesside Collective to build a transportation and storage network to store CO2 from across Europe have been approved as a European Project […]

Uncertain future ahead for planned UK tidal projects

Uncertain future ahead for planned UK tidal projects

Plans to create tidal lagoon power projects, worth £10 billion, could collapse after the Treasury has vowed to tighten its grip on green subsidies until energy bills ease. Documents from last week’s Autumn Budget have revealed the government’s will not introduce any new “green taxes” until 2025 to protect consumers […]