Other News

Nuclear power continues to struggle

Nuclear power continues to struggle

The nuclear industry is growing increasingly concerned over the threat of its current “rapidly accelerating crisis” heralding the start of a terminal decline. Delays and cost overruns to nuclear projects around the world have seen several pro-nuclear lobby groups warning about a “crisis that threatens the death of nuclear energy […]

Bipartisan group of senators introduce bill to promote CCS

Bipartisan group of senators introduce bill to promote CCS

US senators have formed a bipartisan group to reintroduce a bill to support carbon capture and storage. The bill would extend a tax credit applicable to carbon capture and storage technology research. The bipartisan group numbers 25 and includes both Republicans and Democrats. One of the Senators, Heidi Heitkamp said: […]

UK FCA lobbies for Saudi Aramco IPO

UK FCA lobbies for Saudi Aramco IPO

The UK Financial Conduct Authority (FCA) is to create a new category for sovereign owned companies. The move is in line with wider plans by the FCA but is also designed to attract Saudi Aramco to register in London for its initial public offering. Saudi Aramco is looking to sell […]

Kemper failure not due to carbon capture – IEA

Kemper failure not due to carbon capture – IEA

The IEA has said that the failure of the Kemper carbon capture project was not due to the carbon capture technology. The IEA’s chief economist Laszlo Varro said: “CO2 capture was not the issue for Kemper. The issue was that the rapid scale up of a new IGCC technology from […]

New report calls for HELE technology to reduce emissions

New report calls for HELE technology to reduce emissions

A new report has said that the adoption of modern coal technology in Australia will help to reach 2030 emission reductions targets. The report by the Mining Council of Australia recommends the phasing out of older power stations such as Vales Point B in New South Wales, Gladstone in Queensland […]

US to use Green Climate Fund to promote cleaner use of fossil fuels

US to use Green Climate Fund to promote cleaner use of fossil fuels

The US will use its seat on the Green Climate Fund to promote cleaner use of fossil fuels including coal an anonymous White House official has said. A communique from the meeting of the G20 from last week said that the US would “work closely with other countries to help […]

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Premier Oil hails “world class” 1bn barrel find

UK exploration firm Premier Oil has described a one billion barrel oil find off the coast of Mexico as “world class”. The Zama-1 exploration well, Premier’s first in Mexico in a joint venture with Talos Energy and Sierra Oil & Gas, has been hailed by analysts as one of the […]