Norway’s trillion-dollar oil fund to divest from 150 oil and gas firms

In total, the fund is expected to remove $12bn of fossil fuel investments and plough up to $20bn into renewable markets

Gas growth over next five years to be driven by demand from Asia

Demand is expected to rise by more than a tenth by 2024, rising to a height of 4.3 trillion cubic metres

Freedom Molecules
US announces plans to spread ‘freedom gas’ through the world

Donald Trump’s Department of Energy has rebranded liquefied natural gas as ‘molecules of US freedom’

Gas pipe
UK’s high-pressure gas pipelines ‘provide significant grid flexibility’

UKERC researchers have found a way to more frequently and accurately measure the volume of gas stored in the gas grid

Wind energy
Subsidy cuts see energy investors shift focus away from renewables

A new report from SmartestEnergy suggests battery storage technology and gas peaking plants are being increasingly invested in

Brexit … and your business energy costs

Brexit heralds a new dawn of uncertainty – so what does this mean for your business energy bill?

Oil and gas exploration
ExxonMobil signs deal to explore 28,000 sq km in offshore Namibia

The territory extends from the shoreline to around 215 kilometres offshore, with depths of up to 4,000 metres at points

Fossil fuel investment
Planned $4.9tn oil and gas investment ‘not compatible with climate goals’

Global Witness suggests any extraction of new oil and gas reserves will see the Paris Agreement’s 1.5°C goal be surpassed

Seismic activity
Could seismic limits mean INEOS steps away from UK fracking?

In a meeting with the Oil & Gas Authority late last year, INEOS called for rules governing the shale gas industry to be relaxed

Steel production
ArcelorMittal investigates hydrogen gas for clean steel production

The company is launching a new project in Hamburg it expects to cost around €65 million