LNG becomes the cornerstone of UK and European gas prices, while liquidity in GB power seems abandoned by the regulator.
Changeable weather sees volatile energy prices while LNG steps into the breach…
Discovered in 1981, the field came on stream in 1989 and has produced more than 400m barrels of oil equivalent
That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions
The government will bring forward production payments to support the country’s oil refineries
That’s the forecast from the Oil and Gas Technology Centre and Offshore Renewable Energy Catapult, which suggest new investment in clean North Sea technologies could boost the UK economy by as much as £125 billion each year
The layoffs will affect employees at the oil giant’s management offices in Houston, Texas
With both the American election and winter around the corner, as well as rising COVID cases spurring new measures and lockdowns, how are markets reacting?
The Treaty aims to foster international co-operation to end expansion into new reserves of coal, oil and natural gas to limit carbon emissions and advance an equitable transition to clean energy
The Transition Pathway Initiative claims all fossil fuel giants are still wide’ of the 2°C mark, despite a raft of ‘attention-grabbing’ climate commitments