Task Force on Shale Gas report says that a UK shale gas industry could create thousands of jobs but more exploratory work is required to determine exactly how much gas Continue Reading
After clearing the last regulatory hurdle, Royal Dutch Shell said its planned merger with BG Group will require restructuring and a reduction in head counts. The Chinese Ministry of Commerce Continue Reading
British energy company BP said it started sea trials for a floating production platform that will serve as a hub for developments west of the Shetland Islands. BP, working on Continue Reading
A European regulator said the benefits of moving a British power plant from coal to biomass outweigh any concerns about competition stemming from state support. The British government in December Continue Reading
Royal Dutch Shell RDS.A 0.28 % can’t forcibly renegotiate the deal it struck in April to buy oil and gas producer BG: The U.K. Takeover Panel wouldn’t allow it. And Continue Reading
National Grid , NGG 0.54 % the company responsible for keeping Britain’s lights on, declared last month that the margin between electricity supply and demand over the coming winter would Continue Reading
Talha Asmal, believed to be the UK’s youngest suicide bomber, was killed in Iraq in June Between 750 and 800 Britons have gone to Syria and Iraq, and 70 have Continue Reading
POWER PLAY | Cheap electricity, a changing climate This is part of a series exploring how the world’s hunger for cheap electricity is complicating efforts to combat climate change. Wind turbines sit in the North Sea at the London Array offshore wind farm, a partnership between Dong Energy and Abu Dhabi-based Masdar. (Simon Dawson/Bloomberg News) LONDON — After standing dormant for 34 years, the Bankside Power Station was reborn last month. The onetime oil-fired, soot-spewing electric power plant, shut down and then converted into the Tate Modern, the world’s most popular contemporary art museum, is back producing energy again. Its roof has been coated with solar panels, which soak up the sun’s rays even on a cloudy London afternoon and help illuminate the avant-garde works in the galleries below. But rather than a shiny vision of modernity, the solar installation may become a sad remnant of a lost future. […]
British energy secretary says coal-fired power will come to an end by the middle of the next decade. UPI/Stephen Shaver LONDON, Nov. 18 (UPI) — Joining other major world economies, the British government announced plans to phase coal out of its energy portfolio within the next decade. "It cannot be satisfactory for an advanced economy like the U.K .to be relying on polluting, carbon intensive 50-year-old coal-fired power stations," British Energy and Climate Change Secretary Amber Rudd said in a statement. Rudd said the government would start restricting the reliance on coal-fired power by 2023 and close all coal-fired power stations by 2025. A federal plan in the United States calls for a 32 percent reduction in emissions of carbon dioxide, a potent greenhouse gas, by 2030. State governments under the plan are called on to outline their own agendas. New York’s government was praised for setting a gold […]
The cost of dismantling oil production facilities in the U.K. North Sea over the next decade will be higher than previously forecast as more fields are scheduled to halt production, according to a group representing the British industry. Decommissioning costs will rise to £16.9 billion ($25.7 billion) for the 10 years to 2024, compared with last year’s guidance of £14.6 billion, according to a statement from Oil & Gas U.K. Plugging and abandoning wells makes up the biggest part of the decommissioning costs, at about 46 percent, the group said. “Over the next decade, 79 platforms are forecast for removal” in the U.K. continental shelf, Oil & Gas U.K. said. That’s about 17 percent of the 470 installations that will need decommissioning over the next 30 to 40 years, it said. Crude has fallen more than 45 percent in the last year, making some projects uneconomic and forcing producers […]
