Faroe agrees North Sea deal with Shell

Faroe agrees North Sea deal with Shell

Faroe Petroleum, an oil and gas explorer and producer concentrating on Norway and the UK, has gone into partnership with subsidiaries of Royal Dutch Shell and Spirit Energy on the Edinburgh area ahead of development this year. Through agreements signed this year, the license partners have agreed to equalise equity in the two UK maritime […]

By Energy Reporters |
Icelandic Company Proposes Way to Manage Carbon Emissions

Icelandic Company Proposes Way to Manage Carbon Emissions

The George Olah Renewable Methanol plant. Climate change is undoubtedly among today’s biggest challenges. The international community has reached a consensus to coordinate efforts to mitigate climate change by reducing the emission of carbon dioxide and other harmful gases. Yet, despite promises by politicians, the outlook for the near future is bleak. Carbon emissions continue […]

By Matthias Olafsson |
Volkswagen and Ford unveil EV strategy

Volkswagen and Ford unveil EV strategy

Volkswagen has announced that it is planning to invest US$800 million to build a new electric vehicle at its factory in Tennessee. The German giant said it would add 1,000 jobs at the site and that production of the electric vehicle would commence in 2022. Chief executive Herbert Diess said the company was also considering […]

By Energy Reporters |
Seven EU members fail to submit energy policy

Seven EU members fail to submit energy policy

Seven EU member states – Bulgaria, Spain, the Czech Republic, Cyprus, Hungary, Luxembourg and Greece –missed a 2018 deadline to submit to the European Commission their energy and climate plans to meet 2030 targets. The commission’s called for substantial proposals that could be evaluated. Bloc members were due to submit National Energy and Climate Plans […]

By Energy Reporters |
Experts
Production
Faroe agrees North Sea deal with Shell

Faroe agrees North Sea deal with Shell

Faroe Petroleum, an oil and gas explorer and producer concentrating on Norway and the UK, has gone into partnership with subsidiaries of Royal Dutch Shell and Spirit Energy on the Edinburgh area ahead of development this year. Through agreements signed this year, the license partners have agreed to equalise equity in the two UK maritime […]

By |
Transmission
Gas could compress the Ukrainian boil in 2019

Gas could compress the Ukrainian boil in 2019

Many of us are hoping for a calmer year in geopolitics in 2019, but experience tells us that is unlikely. Many parts of the world remain unstable and could erupt into larger conflagrations. Of the many hotspots – Syria, Iran, North Korea, or the South China Sea – the area that most worries me is […]

By |
Storage
EU targets derail VW plans

EU targets derail VW plans

Volkswagen says it must sell 600,000 more electric vehicles per annum to comply with carbon dioxide emissions goals released by the European Union this week. Under the goals, car manufacturers must reduce their carbon dioxide emissions in new fleets by 15 per cent by 2025 and 37.5 per cent by 2030.  Light commercial vehicle emissions […]

By |
Consumption
Cyprus dismisses Turkish naval exercise claims 

Cyprus dismisses Turkish naval exercise claims 

Cyprus denies Ankara’s claims that a joint Turkish-US naval exercise took place inside its exclusive economic zone.  In contradiction of Turkey’s Ministry of Defence claims, a Cypriot government source said a joint French-US naval exercise was completed, while Turkey conducted separate naval manoeuvres nearby. A US frigate protecting Exxon Mobil’s drilling platform in Cyprus’ block […]

By |
Policy
Oil prices fell amid instability

Oil prices fell amid instability

Oil prices fell today (Thursday) amid currency and stock market instability, and as analysts warned of an economic slowdown as the crude oil supply is rising globally. Analysts attributed the falling exports to weakening demand among major consumers, including China, while the abundant supplies of oil in the US are putting downward pressure on international […]

By |
Environment
Icelandic Company Proposes Way to Manage Carbon Emissions

Icelandic Company Proposes Way to Manage Carbon Emissions

The George Olah Renewable Methanol plant. Climate change is undoubtedly among today’s biggest challenges. The international community has reached a consensus to coordinate efforts to mitigate climate change by reducing the emission of carbon dioxide and other harmful gases. Yet, despite promises by politicians, the outlook for the near future is bleak. Carbon emissions continue […]

By |
Industry
Volkswagen and Ford unveil EV strategy

Volkswagen and Ford unveil EV strategy

Volkswagen has announced that it is planning to invest US$800 million to build a new electric vehicle at its factory in Tennessee. The German giant said it would add 1,000 jobs at the site and that production of the electric vehicle would commence in 2022. Chief executive Herbert Diess said the company was also considering […]

By |

Opinion

Icelandic Company Proposes Way to Manage Carbon Emissions

Environment

The George Olah Renewable Methanol plant. Climate change is undoubtedly among today’s biggest challenges. The international community has reached a consensus to coordinate efforts to mitigate climate change by reducing the emission of carbon dioxide and other harmful gases. Yet, despite promises by politicians, the outlook for the near future is bleak. Carbon emissions continue […]

By |

Gas could compress the Ukrainian boil in 2019

Opinion

Many of us are hoping for a calmer year in geopolitics in 2019, but experience tells us that is unlikely. Many parts of the world remain unstable and could erupt into larger conflagrations. Of the many hotspots – Syria, Iran, North Korea, or the South China Sea – the area that most worries me is […]

By |