BP-led deal brings Azeri gas to Europe

A group of companies led by BP has signed a multi-billion dollar deal to pipe natural gas from a field off the coast of Azerbaijan to Europe. The consortium announced yesterday it has taken a final investment decision for the second stage of the Shah Deniz gas field in the Caspian Sea. The deal will […]

‘Eighty dead’ in Algeria gas field attack

The death toll after the Algeria gas field siege has mounted to 80 according to reports today, with British, American, Japanese, French, Norwegian, Filipino and Romanian workers reported dead or missing alongside militant casualties. Three Britons were killed during the hostage crisis at BP’s gas field in Algeria (pictured) while a further three British nationals […]

Briton dead in BP gas facility in Algeria

Foreign Secretary William Hague has confirmed that one British person has been shot dead and a number of others are being held hostage in the BP gas plant in Algeria. Reports claim as many as 41 foreign workers, including British nationals, are believed to have been kidnapped and Algerian troops have surrounded the field located […]

EU begins Iran oil embargo

The European Union’s “unprecedented” oil embargo on Iran began yesterday in what Foreign Secretary William Hague described as the “toughest measures to date”, following stalled talks with Iran at the negotiating table in Moscow last week. EU countries are imposing a crude oil ban on the Middle Eastern country, as well as a ban on providing […]

Hague: we may “intensify” Iran sanctions

The EU could “intensify” sanctions on Iran if negotiations with the country don’t deliver, William Hague today told reporters as he arrived for talks for with EU peers in Luxembourg this morning. The Foreign Secretary said: “We will intensify the sanctions over the coming months if there is no progress,” reported AFP. The Foreign Office […]

Hague says UK must “stay the course” on carbon targets

There is “no doubt” the UK must meet the challenge of “speeding up global progress on clean energy”, Foreign Secretary William Hague declared today. Mr Hague said it was crucial the UK makes sure it is “at the front of the queue when it comes to the jobs and industries of the future”. His comments […]

EU bans Iranian oil imports

European governments today agreed to introduce a ban on all new contracts to import Iranian crude oil, as Tehran refuses to budge on its controversial nuclear programme. Foreign Secretary William Hague said the decision demonstrated the EU’s growing concern about Iran’s nuclear programme: “It is action made necessary by Iran’s defiance of six UN Security […]

PM talks up energy trade links on Moscow visit

The Prime Minister has talked up the energy trade links between Britain and Russia on a visit to Moscow. One agreement could spell £1billion worth of business for the nuclear industry. In a speech this morning at Moscow State University, Mr Cameron accepted that the two powers have had a “difficult relationship” for some time […]