Scottish firm sells Norwegian North Sea assets
Industry
Scottish-based oil and gas producer Cairn Energy has cut operating costs by reducing its stake in a lucrative Norwegian development.
Archive for August 2019
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Study claims hydrogen breakthrough
Transmission
Australia’s top research agency has announced a hydrogen breakthrough that could create an export industry targeting Asia and beyond. The
Bottlenecks, batteries, and the battle for Scottish wind
Opinion
Over the past 150 years, one cost has vexed the oil and gas industry more than any other: transport. The
EIB funds Spanish wind farms as it ditches fossil fuels
Environment
The European Investment Bank (EIB) says it is lending up to €385 million to support the construction of 21 wind
Cavusoglu open to all Cypriot gas solutions
Policy
Turkey says it is open to all solutions to the Cyprus gas dispute that respect Turkish Cypriot rights. Foreign Minister
‘Floating Chernobyl’ due to set sail for Pevek
Environment
This month, the Akademik Lomonosov will be towed 5,000km to the Chukotka region of eastern Russia near Alaska to provide
Saudi minister committed to oil supply cut
Consumption
Saudi Energy Minister Khalid al-Falih says he told his Russian counterpart, Aleksandr Novak, during talks in Moscow that Saudi Arabia
Germany hopes to replace coal with hydrogen
Storage
Germany is increasingly looking to hydrogen as an alternative to fossil fuels to end the dependence on coal. Last month
French renewables firm buys Irish wind farms
Transmission
France’s Neoen says it has bought eight wind farms in the Irish Republic with a total capacity of 53 megawatts
Polish court overrules Enea coal plant scheme
Environment
A regional Polish court has overruled last year’s decision by the state-run utility Enea to join a scheme to build
Shell posts worst profits since 2016 crash
Consumption
Royal Dutch Shell has blamed falling profits – US$1 billion lower than analysts were expecting – on a slowdown in
Ex-Audi CEO charged over diesel scandal
Industry
Rupert Stadler, who ran Audi until last year, was indicted yesterday (Wednesday) for his alleged involvement in the Volkswagen diesel
US senators approve Russia pipeline sanctions
Policy
The US Senate Foreign Relations Committee has overwhelmingly approved sanctions on the construction of the Nord Stream 2 pipeline from