Saudis look to cut East Asian exports
Consumption
The world’s largest oil exporter, Saudi Arabia, has purportedly cut exports to Eastern Asia for next month in response to
Archive for February 2020
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New BP boss targets 2050 net zero
Industry
Bernard Looney, BP’s new CEO, has announced that the firm intends to reach net-zero carbon output by 250. He said
Poland considers switching last coal plant to gas
Uncategorized
Switching Poland’s Ostroleka 1-gigawatt power station from coal to gas could delay the project until after 2023, according to Poland’s
Opec+ output cut on agenda for Putin and Rosneft boss
Uncategorized
Russian President Vladimir Putin has met the CEO of Rosneft, Igor Sechin (pictured), although the Kremlin said it did not
Germany eyes hydrogen supply boost
Production
German power producer EWE is planning to start supplying hydrogen to meet the growing demand for the world’s most abundant
Anastasiades refuses to stop drilling for Cypriot gas
Production
Cyprus will continue to drill for Mediterranean gas despite Turkey’s attempt to force it to abandon the exploration operations, President
UK firm looks to add green hydrogen to gas network
Storage
In January ITM Power set up what it claims is the world’s largest carbon-free renewable hydrogen production plant in the
Fuel prices slump as China cancels contracts
Industry
Oil, gas, iron ore and copper prices have tumbled since the coronavirus outbreak in mid-January as Chinese importers refuse deliveries.
Belarus offered Russian oil for shared currency: sources
Production
Belarusian President Alexander Lukashenko and his Russian counterpart, Vladimir Putin, have held talks in Sochi in southern Russia to discuss
Gates unveils plans for hydrogen superyacht
Storage
Tech billionaire Bill Gates has commissioned the world’s first hydrogen-fuelled luxury yacht in a €600-million project to pioneer technology to
Russian energy minister mulls deeper Opec oil output cut
Consumption
Russia has said it needs more time to decide whether to agree to further Opec oil output limits, questioning how
UK cash backing African fossil fuel schemes
Environment
Approximately US$750 million of UK government cash has been invested in African fossil-fuel projects, despite public commitments to tackling the
Should we worry about a potential grand solar minimum?
Environment
The new decade saw intensified attention on global climate change. The World Economic Forum’s Global Risk Report 2020 linked climate
US backs gas extraction in Cyprus
Policy
A US energy envoy has said Washington sees Cyprus as a vital player in regional energy supplies. “Cyprus has an
Scottish firm praised for floating wind power designs
Industry
Aberdeen’s Axis Energy Projects has won two national awards for its innovative Tension Leg Buoy (TLB) technology that is being