BP to sell North Sea assets to Serica Energy in £300m deal
Oil giant BP has agreed to sell its interest in a number of North Sea assets in a deal worth about £300m.
21 November 2017,18:2457
Turkey expanding gas capacity with 2 more LNG storage units
Energy Minister Albayrak announced yesterday that Turkey will operationalize two more natural gas floating storage units in accordance with the goal to expand storage capacity as demand grows
21 November 2017,16:4253
India reaffirms its commitment to moving away from a coal-based energy
India reiterated its commitment to moving away from a coal-based energy system while stressing that achieving this goal would take time given the country’s development deficit.
17 November 2017,12:5184
Tusk urges EU states to extend gas rules to Russia’s Nord Stream 2
Donald Tusk, president of the European Council, urged member states to “proceed swiftly” to extend EU gas rules to cover the new Nord Stream 2 pipeline, a project he fears will strengthen Moscow.
17 November 2017,11:57106
Norway's $1 trillion wealth fund proposes to drop oil, gas stocks from index
Norway’s trillion-dollar sovereign wealth fund is proposing to drop oil and gas companies from its benchmark index, which would mean cutting its investments in those companies, the deputy central bank chief supervising the fund told Reuters.
16 November 2017,15:2576
Ofgem mulls “fundamental” reform of energy supply market
The regulator wants ideas on how it might go about making new rules to enable other parties, such as technology companies, to deliver new services to customers in a bid to improve competition.
15 November 2017,18:04116
IEA predicts massive natural gas use rise
In its latest World Energy Outlook, the IEA's forecast for the next 20 years predicts four major shifts in the global energy system , providing multiple scenarios for energy growth through to 2040.
15 November 2017,17:4881
Russia attacked energy in Britain, official says
Russian cyber operatives have attacked Britain's media, telecommunications and energy sectors over the past year, according to prepared remarks by the head of the government's main cyber defense agency.
15 November 2017,17:3680
Cities make ambitious emission pledges
Mayors from 25 cities around the world, representing 150 million citizens, pledged on Sunday (12 November) to cut their carbon emissions to net zero by 2050, while boosting efforts to become more resilient to extreme weather and other pressures linked to climate change.
14 November 2017,11:4789
COP23 ups pressure on climate finance
Organised by the Fiji islands and hosted by Germany, COP23 is expected to highlight adaptation solutions for countries that are the most vulnerable to storms and sea level rise.
14 November 2017,11:2281
IEA sees U.S. shale surge as biggest oil and gas boom in history
The supply surge from U.S. shale oil and gas will beat the biggest gains seen in the history of the industry, the International Energy Agency predicted, Bloomberg reports.
14 November 2017,10:3466
OPEC likely to extend supply cuts in bid to rebalance the market
United Arab Emirates Minister for Energy Suhail al-Mazroui said Monday that he expected OPEC and non-OPEC countries to extend global supply cuts at a closely-watched meeting at the end of the month.
13 November 2017,17:1663
China recovery pushes greenhouse emissions to global record
Stronger Chinese economic growth will push global greenhouse gas emissions to a record high in 2017 after remaining flat for three years, dashing tentative hopes of a turning point in the world’s efforts to curb climate change.
13 November 2017,16:3762
UAE energy minister says he's optimistic about oil market next year
United Arab Emirates energy minister Suhail bin Mohammed al-Mazroui said on Monday that he is optimistic about the oil market next year and the market is likely to continue recovering.
13 November 2017,16:1761
China aims to stop renewable energy being wasted by 2020
China aims to prevent power generated by its renewable energy sector being wasted by 2020, the country’s National Energy Administration (NEA) said on Monday.
13 November 2017,15:3968
Commission proposes update to Gas Directive
The proposal aims to improve the functioning of the EU internal gas market, increase competition between suppliers, and boost Europe's energy security.
10 November 2017,11:2788
Commission Expert Group reported on 2030 electricity interconnection targets
Today (November 9 2017), the European Commission's Expert Group on electricity interconnection targets presented its report to Commissioner Miguel Arias Cañete.
10 November 2017,11:05104
Securing Europe's gas supply: new Regulation comes into force
The new rules go further than the previous Regulation of 2010 by requiring EU countries to work together in regional groups to assess the potential for disruption to their gas supplies and agree on joint actions to prevent or mitigate the consequences.
10 November 2017,10:5593
Alaska-China gas deal to be finalized over next year
Late Wednesday, state officials announced that Chinese firms and the state-run Alaska Gasline Development Corp. ("AGDC") have inked a joint development agreement to advance the liquefied natural gas project.
09 November 2017,11:3384
France's Total buys Engie's LNG business for $1.5 bln
Total said on Wednesday it has acquired the upstream liquefied natural gas (LNG) interests of French power and gas utility Engie for around $1.5 billion, in a deal which is set to make it the world’s second largest player in the LNG market, with a 10 percent share.
09 November 2017,11:0179