Energy NEWS

Francisco Reynés (Naturgy): “We are one of the largest players on Liquefied Natural Gas worldwide”

Francisco Reynés, CEO of Naturgy Energy Group, pointed out the incorporation of new vessels to their Liquefied Natural Gas (LNG) fleet, and that the company needs to take advantage of its current capacity. … Continue reading “Francisco Reynés (Naturgy): “We are one of the largest players on Liquefied Natural Gas worldwide””


Eurasian Resources Group CEO Speaks at Tokyo Commodities Summit

The CEO of a leading group for diversified natural resources, Eurasian Resources Group, represented the company as a keynote speaker at the recent commodities summit held in Tokyo. The summit, which was on … Continue reading “Eurasian Resources Group CEO Speaks at Tokyo Commodities Summit”


Nobel Upstream Completes Risk Service Agreement with SOCAR Over Azerbaijan Umid-Babek Gas Condensate Field In Caspian Sea

27th March 2018 – London An announcement has been released by Nobel Upstream, an independent oil and gas exploration and production company with its base in the UK, that it will be entering … Continue reading “Nobel Upstream Completes Risk Service Agreement with SOCAR Over Azerbaijan Umid-Babek Gas Condensate Field In Caspian Sea”


99% of Scotland’s October Electricity Demand Met By Wind

Almost all of Scotland’s domestic electricity requirements could have potentially been supplied by wind turbines, according to data from Weather Energy. Scotland experienced strong winds last month, with Hurricane Ophelia producing more than … Continue reading “99% of Scotland’s October Electricity Demand Met By Wind”


Offshore wind energy cheaper than nuclear for the first time

The cost of energy generated in the UK by offshore wind is cheaper than nuclear power for the first time, according to figures from the Department for Business, Energy and Industrial Strategy. The … Continue reading “Offshore wind energy cheaper than nuclear for the first time”


UK fuel prices will rise in the next few weeks, retailers warn

UK fuel prices are set to rise after the pound fell to its lowest level against the US dollar since 1985, the Petrol Retailers Association (PRA) has warned. “The double impact of the … Continue reading “UK fuel prices will rise in the next few weeks, retailers warn”


UK Nuclear Decommissioning Authority awards contracts worth up to £12m to ten consortia

The UK government’s Nuclear Decommissioning Authority (NDA), which exists to ensures the safe and efficient clean-up of the UK’s nuclear legacy, announced on Monday that it has awarded three new framework contracts valued at up to GBP12m … Continue reading “UK Nuclear Decommissioning Authority awards contracts worth up to £12m to ten consortia”


Four EDF Energy nuclear power stations to remain open for longer

UK producer of low-carbon electricity, EDF Energy, announced on Tuesday that it has extended the life of four nuclear power stations: Heysham 1 and Heysham 2 in Lancashire, Hartlepool in Teesside and Torness … Continue reading “Four EDF Energy nuclear power stations to remain open for longer”


Total commences production at Laggan-Tormore gas plant in West of Shetland

Oil and gas operator Total announced on Monday that it has started production from the Laggan and Tormore gas and condensate fields in 600 metres of water located in the UK’s West of … Continue reading “Total commences production at Laggan-Tormore gas plant in West of Shetland”


UK energy companies found to be overcharging customers

Energy watchdog Ofgem has accused the ‘big six’ UK domestic power providers of overcharging customers by not cutting prices, following a significant drop in wholesale energy prices, it was reported on Friday. Wholesale … Continue reading “UK energy companies found to be overcharging customers”


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