China is the world’s largest and fastest developing EV market. with around 50% of the world’s battery powered EVs.
Read More »Shell Profit Drops as Lower Oil Prices Offset Rising Production
Energy majors’ second-quarter results have been hit by lower oil and gas prices versus the same period a year ago.
Read More »BP`s Tankers Avoid Strait of Hormuz
The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »British Gas Owner Centrica’s Chief Iain Conn to Step Down
The announcement comes as Centrica reported a pre-tax loss of £446m in the first six months of 2019.
Read More »Russia Competes with Saudi Arabia for Asia`s Oil Market Share
For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.
Read More »EDF Confirms Further Delay at Flamanville Nuclear Plant
Commissioning of the project is not expected before the end of 2022.
Read More »North Sea Oil and Gas Projects Boosted by Farm-Out Deals
Two North Sea farm-out deals were announced today in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Read More »UK Wind Power Hit Record Generation in 2018. New BEIS Figures Find
The UK hit a new target for wind power generation in 2018. according to new figures produced by the Department for Business. Energy and Industrial Strategy (BEIS).
Read More »Independent Oil and Gas Agrees Landmark North Sea farmout
Independent Oil and Gas (IOG) has agreed to sell 50% of its southern North Sea assets. excluding the Harvey licences. to CalEnergy Resources.
Read More »Big Oil`s Energy Transition
Big Oil has been facing increased investor pressure to start addressing climate change risks and set emission reduction targets.
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