Equinor, the Norwegian state-backed energy company, has unveiled plans to drill 250 oil and gas exploration wells off Norway by 2035. The initiative, one of Norway’s largest ever industrial undertakings,
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Fresh warnings have emerged over the future of the North Sea oil and gas sector, as Labour’s approach to exploration licensing has sparked division and concern among politicians, industry bodies,
The Labour government is under mounting pressure as it considers approving limited expansions of existing North Sea oil and gas fields. While Labour’s manifesto has pledged a ban on new
Analysts at Wood Mackenzie, a world leader in energy data, have revealed that Britain’s North Sea could hold up to three times more recoverable oil and gas than currently estimated
Not too long ago, the prospects of clean hydrogen were the talk of global energy circles. As nations worldwide set their sights on decarbonisation, many industry insiders were optimistic that
Ed Miliband’s push towards achieving net zero is jeopardising British jobs by fostering a dependency on Chinese manufacturing, Jo Bamford, heir to the JCB empire, has warned. The Wrightbus owner
The world is facing a significant shortfall in copper supplies needed for the transition to low-carbon energy systems, according to the International Energy Agency (IEA). Projections indicate that global copper
The commodities supercycle that transformed China into the world’s largest steel producer has reached its conclusion, marking a pivotal shift in global resource markets. Chinese steel production descended to a
British power giant Drax has secured a groundbreaking agreement to supply over one million tonnes of woody biomass annually to Pathway Energy, marking its strategic entry into the sustainable aviation
Denmark’s renewable energy giant Ørsted has witnessed a dramatic fall from grace, with its market value plummeting roughly 70% since 2021. The company, once heralded as a pioneer in the
In a significant strategic shift, Shell has declared it will not pursue any new offshore wind projects, marking a notable retreat from renewable energy initiatives under the leadership of Chief
The United Kingdom is set to close its final coal-fired power station at the end of September, marking the end of a 140-year reliance on coal for electricity generation. This
