Equinor buys half stake in Polish wind farms
Production
Norway’s Equinor has exercised an option to acquire a 50-per-cent stake in a Polish offshore wind project, Bałtyk I, from
Archive for December 2018
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Shell and EDF invest in US offshore wind
Environment
Royal Dutch Shell and France’s EDF have invested heavily in Atlantic offshore wind to establish a major role in the
Activists slam EU coal deal
Environment
An EU agreement to gradually phase out coal subsidies has been labelled by activists as “completely inconsistent” with Paris climate
US to scrap sanctions on Russian firms
Policy
The US Treasury says it will scrap sanctions on Russian oligarch Oleg Deripaska’s (pictured) energy enterprises after he said he
Seized Libya oilfield declares force majeure
Industry
The Libyan state-run oil company NOC has declared a “force majeure” at the war-torn state’s largest oilfield, El Sharara (pictured),
Oil prices rebound after further slump
Production
Oil prices rebounded today (Wednesday) as benchmark Brent crude futures rose to US$56.49 per barrel after dropping 5.6 per cent
Poland praises its COP24 efforts
Environment
As the dust settles on the Katowice roadmap on how to enforce the 2015 Paris climate agreement, coal-dependent Poland is
BMW and Porsche reveal fast-charging batteries
Storage
Electric vehicles (EV) may become quicker to charge as BMW and Porsche have demonstrated technologies to cut recharging times, in
US and Israel back Cypriot drilling
Production
The US assistant secretary of state for Eurasian affairs, Wess Mitchell, has told Turkey not to obstruct drilling for gas
Mixed response to COP24 deal
Industry
The UN climate talks in Poland have agreed rules on how nations can cut greenhouse gas emissions but environmentalists and
COP24 agrees last-minute deal
Policy
The 195 countries represented at the Conference of Parties (COP24) overcame divisions on Saturday night to agree to rules for
Climate talks extended as US blocks progress
Environment
Critical climate talks have been extended by two days in the Polish city of Katowice following two weeks of discussions
Ireland told to cut fossil-fuel use
Storage
Ireland must rapidly develop renewable sources after a study found that fossil fuels produced 90 per cent of energy last
Failure looms for COP24
Policy
The UN’s COP24 climate talks in the Silesian mining city of Katowice are still reportedly far from agreeing how future
Oil price volatility remains as Opec output cut looms
Production
Oil prices have risen today (Thursday), buoyed by a drawdown in US crude stockpiles and indications that China is beginning