North Sea ready for renewable conversion: report 

North Sea ready for renewable conversion: report 

North Sea oil and gas platforms could be used to pioneer a global climate revolution with clean-energy breakthroughs, a study has argued. The North Sea could become a centre for climate research through an energy transition away from its status as a hub for fossil fuels, according to an industry report called “Turning The Tide”. […]

By Energy Reporters |
Saudi Aramco finalises share plans 

Saudi Aramco finalises share plans 

Saudi Aramco, the world’s biggest and most profitable oil firm, is finalising plans to sell shares to customers in Saudi Arabia. The state-owned company floated a 1.5 per cent stake, or 3 billion shares on Sunday in its initial public offering (IPO) for retail and institutional investors. Saudi Aramco has cancelled “roadshows” to pitch shares […]

By Energy Reporters |
Average global wind rising since 2010: study

Average global wind rising since 2010: study

Research published in the journal Nature Climate Change suggests average wind speeds have increased noticeably since 2010 after decades of decline, boosting renewable energy production.  The study says changes in ocean and atmospheric circulation patterns are behind the increase.  The team led by a scientist at Princeton University, now based at Southern University of Science […]

By Energy Reporters |
Poland looks to create car-battery hub 

Poland looks to create car-battery hub 

Poland’s economic growth slowed in the third quarter as weaker growth in construction offset continuous strong domestic consumer demand. Poland is betting on electric batteries to boost the economy but its reliance on coal could undermine the strategy as the European Union looks to back manufacturers that promote renewable energy. Poland is already facing opposition […]

By Energy Reporters |
Experts
Production
Turkey defies EU and US with Cyprus gas drilling 

Turkey defies EU and US with Cyprus gas drilling 

The Turkish drillship Fatih is operating off northeastern Cyprus, according to Turkish vice president, Fuat Oktay, in defiance of European Union requests to end the mission. The European Commission’s Foreign Affairs Council last week adopted a framework for restrictive measures against Turkey over the drilling. Turkey said it would not stop drilling because it claims […]

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Transmission
EIB agrees to end fossil-fuel lending 

EIB agrees to end fossil-fuel lending 

The board of the European Investment Bank (EIB), the world’s largest multilateral lender, has agreed to stop funding fossil-fuel projects and to be more ambition on climate change.  “The EIB will end financing for fossil fuel energy projects from the end of 2021. Future financing will accelerate clean energy innovation, energy efficiency and renewables. EIB […]

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Storage
North Sea ready for renewable conversion: report 

North Sea ready for renewable conversion: report 

North Sea oil and gas platforms could be used to pioneer a global climate revolution with clean-energy breakthroughs, a study has argued. The North Sea could become a centre for climate research through an energy transition away from its status as a hub for fossil fuels, according to an industry report called “Turning The Tide”. […]

By |
Consumption
Saudi Aramco finalises share plans 

Saudi Aramco finalises share plans 

Saudi Aramco, the world’s biggest and most profitable oil firm, is finalising plans to sell shares to customers in Saudi Arabia. The state-owned company floated a 1.5 per cent stake, or 3 billion shares on Sunday in its initial public offering (IPO) for retail and institutional investors. Saudi Aramco has cancelled “roadshows” to pitch shares […]

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Policy
Iran unveils huge oil field 

Iran unveils huge oil field 

An oil field has been discovered in southern Iran with an estimated 50 billion barrels of crude oil, according to President Hassan Rouhani. If confirmed, the find would boost Iran’s proven reserves by a third, although Donald Trump’s sanctions block much of the increasingly isolated state’s exports.  Rouhani, speaking in the desert city of Yazd […]

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Environment
Average global wind rising since 2010: study

Average global wind rising since 2010: study

Research published in the journal Nature Climate Change suggests average wind speeds have increased noticeably since 2010 after decades of decline, boosting renewable energy production.  The study says changes in ocean and atmospheric circulation patterns are behind the increase.  The team led by a scientist at Princeton University, now based at Southern University of Science […]

By |
Industry
Study accuses energy sector of ignoring Paris deal 

Study accuses energy sector of ignoring Paris deal 

Only 13 out of the biggest 132 coal, electricity, oil and gas companies have committed to reducing carbon emissions to net-zero, according to Grantham Research Institute on Climate Change and the Environment at the London School of Economics, the Oxford Martin School at the University of Oxford and the Transition Pathway Initiative.  The vast majority […]

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Opinion

Book Review: Climate and Disease Sealed ‘The Fate of Rome’

Environment

“We should try to imagine the Roman world, through and through, as an ecological context for microorganisms.” Kyle Harper, The Fate of Rome, p. 17 For two centuries, Edward Gibbon’s The History of the Decline and Fall of the Roman Empire provided the definitive case for why the Roman Empire collapsed. According to Gibbon, human decadence […]

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Is Qatargas a Superior Investment to Saudi Aramco?

Industry

Sunday was a historic day for the Tadawul, Saudi Arabia’s 12-year-old stock exchange. Saudi Aramco announced that it will list up to three percent of the company on the exchange for private investors. Trading will start in December. Privatizing Saudi Aramco is a keystone of 34-year-old Saudi Crown Prince Mohammed bin Salman’s (MbS) plan to […]

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