Oil prices have plummeted after a meeting of Opec countries failed to come to an agreement on an output cap.
Continue ReadingThe Royal Bank of Scotland has cut worldwide investment loans to oil and gas companies in the past year, it has also doubled…
Continue ReadingOil Prices Highest in 2016 Ahead of Doha Meeting
Written by Danny Lord in Government Policy Oil & Gas
A combination of factors including a weak dollar and talk of a supply freeze have pushed oil prices up past $43 a barrel;…
Continue ReadingSaudi Arabia to Invest $2tn in Move Away From Oil
Written by George Gangar in Climate Change Oil & Gas
The kingdom of Saudi Arabia is setting out plans to create a $2tn sovereign wealth fund. It will attempt to do this by…
Continue ReadingRockefeller Family Fund to Withdraw All Fossil Fuel Investment
Written by George Gangar in Climate Change Oil & Gas
One of the charitable funds of the Rockefeller family has announced that it will withdraw all of its investments from companies based in…
Continue ReadingIn a speech last Thursday, energy secretary Amber Rudd claimed that Britain leaving the EU could add £500 million to the country’s total…
Continue ReadingPlummeting oil prices have caused the North Sea Oil industry to become a burden on the taxpayer, rather than the important asset it…
Continue ReadingMonday saw oil prices drop by 3% on global markets after Iran delayed its plans to agree to a proposed production freeze.
Continue ReadingA warning to consumers has been sent out by the International Energy Agency stating that the current cheap oil prices are not set…
Continue ReadingCentrica owned energy giant British Gas reported a 31% increase in 2015, bringing the total to £574 million for the year, compared to…
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