China unveils nuclear fusion project
Production
Chinese scientists say they want to start generating electricity from an experimental nuclear fusion reactor by around 2040. China is
Archive for April 2019
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Spain unveils renewable progress
Consumption
The CNMC, Spain’s competition watchdog and manager of the Guarantee of Origin System (GdO), says it has certified 92,384 gigawatt/hours
4,520 Amazon staff demand climate action
Environment
More than 4,500 Amazon employees have urged the online giant to take action on climate change and reduce its carbon
EU and China unite over climate change
Environment
The European Union and China have said at a summit in Brussels they are united on tackling climate change and
Energy conjoins NATO, 70 years later
Opinion
On April 4, the North Atlantic Treaty Organization (NATO) celebrated its 70th birthday in Washington in rather ho-hum fashion. The
Saudi bond sale breaks emerging markets record
Industry
Risk premiums on Saudi Aramco’s US$12 billion of bonds rose in New York yesterday (Wednesday), a day after investors channelled
Scotland develops world’s first tidal testing centre
Environment
A consortium in Scotland says it is developing the world’s first tidal energy testing centre to carry out large-scale accelerated
Goldman forecasts 11%-oil-price boost
Production
Investment banking giant Goldman Sachs has boosted its second-quarter Brent crude price forecast by 11.5 per cent from US$65 per
Saudis deny dollar-ditching rumour
Policy
Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has denied claims that the kingdom was threatening to sell its
Libya conflict boosts oil price
Consumption
Fighting around the Libyan capital of Tripoli this week has forced the US to pull its troops out of the
Independent producer hails North Sea ‘milestones’
Consumption
Zennor Petroleum claims it has reached two “significant milestones” for the development of its Finlaggan field in the North Sea.
Kazakhstan prepares for Uzbek oil exports
Production
Kazakhstan is due to begin annual deliveries of up to 2 million tonnes of oil to neighbouring Uzbekistan. The new
Rail travel is cleaner than driving or flying, but will Americans buy in?
Environment
The Northeast Corridor sees millions of riders a year, but expanding rail in the U.S. is always fraught. Loco Steve,
Libya braces for renewed clashes
Production
Libya’s battle to control the country’s oil fields is ongoing, with US$80 billion in oil revenues and foreign reserves managed
North Sea drilling comes up dry
Production
Disappointing results from a North Sea test well hammered Jersey Oil and Gas shares during the week as the Verbier