A range of mini-nuclear power plants could help solve Britain’s looming power crunch, rather than the $24 billion Hinkley project snarled up in delays, companies developing the technology say. So-called Continue Reading
British oil major BP is seeking buyers for its 50 percent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch Continue Reading
The Transocean Winner oil rig ran aground at Dalmore on the Isle of Lewis in… British authorities have opened a probe into how a Transocean RIG -2.65 % Ltd. oil Continue Reading
There will be more public locations to charge electric cars in the UK than there are gasoline stations by the summer of 2020, according to new analysis by Nissan. At Continue Reading
Gearing rose to 28.1% last quarter, double year-earlier level Debt ‘close to the maximum’ but may still climb, company says Royal Dutch Shell Plc is on the verge of breaching Continue Reading
Royal Dutch Shell disappointed with its second quarter earnings , reporting numbers much lower than what analysts had expected. Shell’s profits fell by 72 percent, dropping to $1.05 billion, down Continue Reading
Filled oil drums are seen at Royal Dutch Shell Plc’s lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014. Royal Dutch Shell ( RDSa.L ) Continue Reading
BP says second-quarter refining margins drop to 6-year low Downstream business was key last year in cushioning cheap oil If Big Oil was a two-engine airplane, you could say it’s Continue Reading
Even though results for the second quarter show yet another loss, BP CEO Bob Dudley said thousands of barrels of new production is coming online this year. BP said Tuesday Continue Reading
Britain has cut rental fees by up to 90 percent in its latest tender for oil and gas licenses in the North Sea launched on Wednesday in a bid to Continue Reading
