Tag Archives: England

A second gold rush is taking place on a small island few people know about.

The country’s oil and gas resources management body will launch a tender for exploration licenses in the blocks by the end of June.

According to the Oil and Gas Authority (OGA). UK’s gas import dependency would rise to 78 % in 2035. compared to 48 % dependency estimated for 2017.

Gazprom has a unit operating in the UK. Gazprom UK Trading. as well as a Manchester-based industrial and commercial supply unit. Gazprom Energy.

Britain depends on stored gas reserves to help manage winter energy demand spikes and to ensure security of supply.

Storage provides security and flexibility of supply.

Under the proposal. a $40 carbon tax. rising over time. would be levied on emissions in order to encourage a shift towards renewable energy sources such as solar and wind.

Growth in offshore wind is something the majors cannot afford to ignore as they plan for 2035 and beyond.

Petroplan already has a long-standing working relationship with Sasol through the provision of both contract and permanent oil and gas professionals in the UK and South Africa.

More than half of the growth in renewable power came from wind. which rose 16 per cent. while solar energy grew by 30 per cent as costs continued to fall sharply.