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
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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
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
BP defies market to raise dividends
Production
BP has said it raised its dividends and completed a US$1.5-billion share buyback to display confidence as CEO Bob Dudley
Japan looks to dump Fukushima water at sea
Industry
Japan has told foreign embassies that it plans to release radioactive water from the closed Fukushima nuclear power plant into
French investors buy slice in Irish efficiency group
Industry
Ireland’s Cool Planet Group, which operates in 26 countries, has secured €31 million in funding from French investment group Tikehau
Saudi Aramco shares insulated from global meltdown
Uncategorized
Saudi Aramco shares remained stable during January, in contrast to large slumps for other large oil producers who suffered with
Activists storm new German coal plant
Production
Activists in Germany have occupied a controversial coal power station that is due to open in the coming months and
BP’s new CEO called to cut carbon output
Industry
BP is under pressure to sell its US$15-billion stake in Russian oil giant Rosneft as it looks to boost dividend