Capital expenditure (CAPEX) in the UK oil and gas industry will keep falling over the next half decade, according to the latest projections from the Oil and Gas Authority (OGA). Continue Reading
One of the world’s leading energy companies, BP is predicting renewable energy sources to be influential in shaping the global energy sources by 2040. The report released by BP proposed Continue Reading
Ineos Shale granted permission to pursue its application to undertake a geophysical survey in Clumber Park in the High Court. Ineos Shale has been granted permission to pursue its application Continue Reading
Global demand for crude oil could peak in the next two decades, as renewables like solar power surge faster than expected to meet a greater share of the world’s energy Continue Reading
Self-driving electric vehicles will cause a revolution in transportation over the next two decades, leading global oil demand to peak by the late 2030s, according to the main scenario outlined Continue Reading
Prospects for the UK shale industry remain ‘widely bearish’, according to oil and gas analysts at BMI Research. Prospects for the UK shale industry remain ‘widely bearish’, according to oil Continue Reading
The unplanned shutdown in December of Britain’s biggest oil pipeline, Forties, which shut off supplies for more than two weeks and fired up global oil prices, had an unlikely cause: Continue Reading
Higher wind generation and lower demand drove UK power system prices into negative territory over the weekend, according to traders and National Grid data. The daily minimum system sell price Continue Reading
Ricardo is supporting a trial run by UK Power Networks into using smart grid technology to unlock spare capacity for increased electric vehicle use—maximizing the power available from existing infrastructure Continue Reading
The Forties Pipeline System is now fully operational following repair work on the asset, Ineos has confirmed. All restrictions on the flow of oil and gas from platforms feeding into Continue Reading
