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Africa Is The Undeniable Final Frontier For Oil
The pandemic has been devastating for the oil industry globally. Explorers suspended drilling, producers idled wells, Big Oil majors put up assets for sale. But the world continues to need oil, albeit lower amounts of it than a year ago, and it will continue to need it. Exploration is not dead. It is especially not dead in Africa—a hot spot in oil and gas before the pandemic.
read more... 24/09/2020
Iberdrola to create new business unit to develop green hydrogen
Spanish utility Iberdrola said on Monday (21 September) it would create a new business unit aimed at developing green hydrogen to supply industry and heavy transport.
read more... 22/09/2020
Daily (11.09.2020): Carbon prices spiked on Thursday after European Parliament’s environment committee vote
US industry report showed a significant build in stockpiles on Thursday, weighing on oil prices. In addition a slide in gasoline and distillate demand also put pressure on crude market. Thus, Brent crude ended 1.8% lower to settle at $40.06 a barrel. Meanwhile, the American WTI dropped nearly 2% to $37.30 a barrel.
read more... 11/09/2020
Marine energy: Wales urged to be 'world leader'
Wales could be a world leader in marine energy and should make the industry a priority, a former energy minister has said.
read more... 04/09/2020
National Grid plans £10m project to test hydrogen heating for UK homes
A facility will be built in the North West of England to test how hydrogen could be used to warm homes and slash emissions from industry
read more... 06/08/2020