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.
Industry
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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
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
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
Norwegian oil reaches Belarus amid Russia spat
Industry
Belarus says it has received its first batch of Norwegian oil at its Naftan refinery in Novopolotsk. Russia stopped oil
Australia coal giant’s output hit by fires
Industry
Mining giant BHP or “Broken Hill Proprietary” says smoke and dust from the Australian bushfires are hampering coal production. The
Somalia invites Turkey to drill for oil: Erdogan
Industry
Turkey’s populist president, Recep Tayyip Erdogan, says Somalia has invited Turkey to drill for oil in the Red Sea. Somalia
Extinction Rebellion targets Shell HQ
Industry
Climate activists this week staged a 13-hour protest outside the headquarters of Royal Dutch Shell in Aberdeen. Approximately 30 activists
Scotland moves to protect offshore wind jobs
Industry
The Scottish government says companies in Scotland will benefit from new steps to increase the number of offshore wind contracts
Germany’s Uniper under fire over new coal plant
Industry
Uniper, one of Germany’s largest utilities, says it is looking to open a 1,100-megawatt coal power station, although Germany is
EU avoided row over Hungary’s Russian nuclear deal: leaks
Industry
The European Commission avoided a dispute with Hungary over its murky nuclear power plant deal with Russia’s Rosatom, according to
Equinor looks to cut 2030 emissions by 40%
Industry
Norwegian oil and gas giant Equinor says it plans to cut emissions from its operations in Norway by 40 per
Texan fracking rigs close as oil price falls
Industry
The number of US oil and gas rigs fell by eight last week, according to the Baker Hughes rig count,
Outgoing BP CEO: fossil fuels essential for decades
Industry
BP’s outgoing CEO, Bob Dudley, has accused activists and politicians of oversimplifying energy issues, saying that fossil fuels will remain