UK industry gets nearly £50 million for energy transition
30/09/2022 by greg
The UK Government has announced a further £49.4 million in funding for technology projects that will help industries in the UK to switch to low-carbon sources of energy and reduce their energy costs.
QatarEnergy chooses TotalEnergies for LNG project
30/09/2022 by Mark
QatarEnergy, a state-owned petroleum company in Qatar, has selected TotalEnergies to become its first international partner in a new project to produce liquefied natural gas (LNG) from the country’s North Field South (NFS) resource. The…
Researchers make breakthrough in recycling CO2
28/09/2022 by Mark
Researchers at the University of Illinois in Chicago have developed a new approach that is capable of converting captured carbon almost entirely to ethylene, a key component of many industrial goods, such as plastics and…
Government shortlists BP-led Teesside projects
21/08/2022 by Katie
Two prominent low-carbon projects in Teesside moved a step closer to initiation as the UK Government included them in the shortlist for
G7 leaders moot price cap on Russian energy
11/07/2022 by OilStoreAdministrator
Leaders at the recent G7 summit have indicated in a communiqué that they will investigate the possibility of imposing a price cap on energy imports from Russia to help curb the rise in energy prices…
Global energy demand exceeded pre-pandemic levels in 2021
06/07/2022 by OilStoreAdministrator
In its Statistical Review of World Energy 2022, BP points out that the global demand for primary energy in 2021 was 1.3% higher than before the COVID-19
Shell to install 100,000 UK charging points
16/05/2022 by Richard
Energy major Shell has announced a bold plan to improve the UK’s network of electric vehicle (EV) chargers by installing some 100,000 public charging points by the end of
Shell says accelerated energy transition inevitable
15/05/2022 by Katie
Speaking in an earnings call, Ben Van Beurden, the Chief Executive Officer of Shell, has said an acceleration of the energy transition is inevitable for Europe to go “cold turkey” on
Further government support announced for energy-intensive industries
06/05/2022 by Mark
The UK government has announced a three-year extension to its Energy Intensive Industries Compensation Scheme, which seeks to support energy-intensive industries during a period of high energy costs by compensating them for those higher costs…
Manufacturers give mixed response to new energy strategy
15/04/2022 by Mark
The UK Government’s recently published energy strategy, which aims to ensure energy security in the wake of Russia’s invasion of Ukraine, has received mixed responses from