Other News

ST LOUIS, MO - OCTOBER 09:  Republican presidential nominee Donald Trump responds to a question during the town hall debate at Washington University on October 9, 2016 in St Louis, Missouri. This is the second of three presidential debates scheduled prior to the November 8th election.  (Photo by Scott Olson/Getty Images)

Donald Trump to cut environmental regulations on energy producers

President Trump is set to issue an executive order that will result in a significant reduction of environmental regulations placed on domestic energy producers. According to the White House, the order, due to be signed at the US Environmental Protection Agency (EPA) on Tuesday, will help remove “unnecessary regulatory obstacles […]

Energy company strikes oil off the coast of Scotland

Energy company strikes oil off the coast of Scotland

Oil exploration firm Hurricane Energy has announced a further oil discovery west of the Shetland Islands. News of the Halifax well, which follows Royal Dutch Shell and BP winning exploration licences in the area, will be welcomed by government policymakers who consider waters around the islands as crucial to reviving […]

The inner courtyard at the H.M. Treasury building sits in London U.K., on Wednesday, Nov. 25, 2015. U.K. 10-year bond yields approached their lowest level this month before Osborne's Spending Review, with investors weighing the implications for gilt issuance from a possible increase in the government's cash needs. Photographer: Luke MacGregor/Bloomberg

UK government departments row over state aid for nuclear power

Senior Treasury officials opposed to direct state subsidies are set to clash with government ministers over supporting the multibillion pound development of a new generation of nuclear power plants. With Britain’s coal-fired power stations being phased out and existing nuclear power plants reaching the end of their lives, the government […]

Trans-Alaska pipeline

Is Keystone really needed?

Canada’s oil industry has started an intense debate over the need for pipeline expansion as investors rush to get the Keystone XL project off the ground. “Canada’s energy future relies on our ability to get Canadian oil and gas to the people who need it,” Tim McMillan, president and CEO […]

Image #: 22174823    An exploratory well drills for oil in the Monterey Shale, California, April 29, 2013. The vast Monterey shale formation is estimated by the U.S. Energy Information Administration to hold 15 billion barrels of technically recoverable oil, or four times that of the Bakken formation centered on North Dakota. Most of that oil is not economically retrievable except by hydraulic fracturing, or fracking, a production-boosting technique in which large amounts of water, sand and chemicals are injected into shale formations to force hydrocarbon fuels to the surface.   REUTERS/Lucy Nicholson (UNITED STATES - Tags: ENERGY BUSINESS TPX IMAGES OF THE DAY)       REUTERS /LUCY NICHOLSON /LANDOV

Oil prices set to fall, expert warns

Global oil prices may be set to fall again, a leading energy analyst has warned. Leonardo Maugeri of Harvard University, who in 2012 predicted a glut in oil supplies and a steep fall in prices, has warned in a new paper that there is again a prospect that the market […]

Donald Trump vows to boost coal mining in the USA

Donald Trump vows to boost coal mining in the USA

US President Donald Trump has revealed that new executive actions to boost the country’s coal mining industry are in the planning stages. “As we speak we are preparing new executive actions to save our coal industry and to save our wonderful coal miners from continuing to be put out of […]

UK Businesses paid millions to switch off the lights

UK Businesses paid millions to switch off the lights

The UK Government is being forced to pay millions to businesses that agree to cut their energy use when national supplies are running low. Companies across the country will be paid a total of £14 million to shut down 312MW of capacity which is the equivalent power supply for 16,000 […]

IEA: “significant role” for fossil fuels for decades to come

IEA: “significant role” for fossil fuels for decades to come

Fossil fuels will still play a “significant role” in the world’s energy mix for decades to come, experts have said. Keisuke Sadamori from the IEA said that “We expect that the fossil fuels in all types will play a significant role to the year 2040. “Regarding coal generation already today […]