Other News

Is Lebanon the next oil frontier?

Is Lebanon the next oil frontier?

Lebanon is set to relaunch its offshore oil industry, almost four years than planned. The Government has signalled that it will finally open licences for exploration off the Lebanese coast after it first promised the launch would take place in 2013. The decision to indefinitely halt the process was taken […]

China’s investment in coal isn’t slowing down

China’s investment in coal isn’t slowing down

Despite focusing on efforts to curb the use of fossil fuels at home, China’s foreign investment drive in coal shows no signs of slowing down following the announcement of a new major project in Serbia. Chinese financiers and contractors will oversee the $715 million expansion of the Drmno coal mine […]

The HM Treasury name is seen painted on the outside of Britain's Treasury building in central London, Britain March 15, 2016.  REUTERS/Toby Melville

UK government row caused £100m carbon emissions scheme to collapse

A disagreement between UK Government departments caused the collapse of a carbon emissions reduction scheme costing £100m of public funds, according to a report from the National Audit Office. Government ministers launched a carbon capture and storage (CCS) competition aimed at encouraging the development of technology that could absorb and […]

UK energy security under scrutiny following Brexit

UK energy security under scrutiny following Brexit

Leaving the EU’s energy market could slow vital development and drive up the cost of imported power, according to the National Grid. The warning about the move, which could increase Britain’s likelihood of not being able to ‘keep the lights on’, came as Prime Minister Theresa May signalled that the […]

France forced to turn to imports as nuclear fleet struggles

France forced to turn to imports as nuclear fleet struggles

France’s nuclear power supply has struggled to meet demand amid the cold weather currently gripping Europe, forcing the country to rely on neighbouring countries for energy imports. By mid-January, the French nuclear fleet’s output level reached around 90% of its total 63 GW capacity, with 7 reactors still offline from […]

UK Government Industrial Strategy ends green subsidies

UK Government Industrial Strategy ends green subsidies

Theresa May’s Government has launched the long awaited Industrial Strategy, signalling an end to green subsidies and a move to a competitive market that prioritises “affordable energy” while also reducing the environment impact of energy generation. Government spending on subsidies is currently on track to reach £9.1 billion by 2020-2, […]

Clean coal key to Australia’s emissions targets

Clean coal key to Australia’s emissions targets

Calls are growing amongst Australian policymakers for investment in new coal technology that is seen by many as the solution to meeting the country’s emissions targets. Under the international Paris climate change agreement, Australia must cut its carbon emissions 26-28% below 2005 levels, which stood at 594 million tonnes. Senior […]

Power blackouts force BHP Billiton to slash copper forecast

Power blackouts force BHP Billiton to slash copper forecast

The world’s largest miner announced today that less copper than expected will be produced this fiscal year as a result of power blackouts in South Australia, and an upcoming strike of Chilean miners. BHP expects to supply 1.62 million metric tons of copper, down 2% from their previous forecast, while […]