An influx of almost £2 billion in investment to the Highlands was put on hold yesterday as a giant wind farm project missed out on a bid to produce power in the Moray Firth.
Read More »Crown Estate Opens 7GW Offshore Wind Leasing Round
The leasing scheme will enable the development of electricity generation capacity that is enough to meet the needs of more than six million homes.
Read More »Exxon Mobil. Shell among Groups to Build Five Pakistan LNG Terminals
The five new terminals could collectively triple Pakistan’s LNG import capacity.
Read More »Saudi Arabia Shuts Down Pipeline to Bahrain after Drone Attacks
Analysts predict that if disruption to production lasts for too long. oil prices will spike.
Read More »Sanctions Failed to Stop Iran’s Oil Industry
Iranian Oil Minister Bijan Zanganeh said that US sanctions have failed to stop Iran’s oil industry.
Read More »US Natgas Prices To Fall To Lowest Since 1970s
Spot prices at the Henry Hub have averaged $2.62 so far in 2019.
Read More »SSE Sells Retail Arm to OVO Energy in £500m Deal
The deal. once approved. will make OVO the second largest energy supplier in the UK.
Read More »BP Hit with £400k Fine After Oil Spill in Shetland
Around 3.8 tonnes of extremely flammable. unstabilised crude oil spilled on to the ground at Sullom Voe Terminal in December 2012.
Read More »Iran to Hand Gas Field Contract to Domestic Company
An Iranian company won the contract for the development of Balal Gas Field in the Persian Gulf. a senior oil official said.
Read More »OPEC+ will Discuss Deeper Oil Cuts on Thursday
The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
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