Other News

Gazprom considers leaving the UK because of Brexit

Gazprom considers leaving the UK because of Brexit

Gazprom, the world’s largest natural gas producer, is considering moving its trading and marketing operations out of the UK amid concerns over the impact of Brexit on its European operations. The Russian state-owned firm fears that a “hard” Brexit, a scenario where the UK and EU fail to reach an […]

Australian opposition drops 50% renewables target

Australian opposition drops 50% renewables target

The Australian Labor Party has announced it is dropping the renewable energy target (RET) as a party policy, having decided that “the emissions intensity scheme does that job.” Speaking to Sky News Australia, Andrew Leigh, Labor’s Shadow Assistant Treasurer and Shadow Minister for Competition and Productivity, revealed that the party […]

BP boss to lose £5 million in pay

BP boss to lose £5 million in pay

Sky News is reporting that the CEO of BP, Bob Dudley is to have his maximum pay cut by £5 million ($6.2 million) for the next three years. The decision was revealed to Sky News by sources involved in the decision who say it is to avoid a shareholder revolt. […]

Veolia and Carbon Clean Solutions Limited collaborate on CCS

Veolia and Carbon Clean Solutions Limited collaborate on CCS

Global utility management firm Veolia and carbon dioxide separation specialists Carbon Clean Solutions Limited (CCSL) have announced plans to collaborate on large-scale carbon capture and recycling. The partnership, which will see the large-scale installation of CCSL’s technology, is designed to lead to the significant de-carbonisation of a number of industrial […]

Australian food sector warns of price rises after SA blackouts

Australian food sector warns of price rises after SA blackouts

Australia’s food sector has issued a stark warning to families that the rising unreliability and affordability of electricity may lead to higher store prices. The Chief Executive of Woolworths warned a business forum in Melbourne recently that electricity costs were increasing and being felt due to the company’s need for […]

Westinghouse collapse put US nuclear future in doubt

Westinghouse collapse put US nuclear future in doubt

The crisis in Toshiba’s nuclear division has cast new doubts on the future of the nuclear power sector in the United States. Toshiba which owns Westinghouse has lost £4.8 billion (US$6 billion) through its nuclear division and Westinghouse itself has filed for chapter 11 bankruptcy protection this week in New […]

Coal still the ‘energy of choice’ for the developing world

Coal still the ‘energy of choice’ for the developing world

An article in the Financial Times has said that ‘like it or not coal is not in free fall.’ The piece said: ‘Coal is the energy source of choice, through necessity, of the poorer half of the world,’ and that ‘Until the new sources of energy supply can beat the […]

Doubts over UK nuclear programmes

Doubts over UK nuclear programmes

Uncertainty continues to overshadow the UK’s nuclear industry after Westinghouse, the Toshiba-owned firm playing a key role in the troubled Moorside nuclear project, filed for bankruptcy in the US. With four Westinghouse projects in the US running three years behind schedule and billions of dollars over budget, the company has […]