LONDON, May 19 (Reuters) – Global distillate fuel oil shortages signal the business cycle is peaking and a period of slower growth or even a recession is imminent to bring consumption back in line with […]
(Bloomberg) — Eni SpA plans to spend at least 2.5 billion euros ($2.4 billion) over the next four years in the UK, amid government calls on energy companies to increase investments or face a windfall […]
(Bloomberg) — Six months ago, U.K. North Sea oil and gas faced the bleakest outlook in its 50-year history. The government was focused on hosting the COP 26 climate talks and environmental groups were close […]
Boris Johnson will set up an energy task force to bolster the UK’s oil, gas and nuclear supplies as he plots a way out of the energy crisis. Two senior industry experts at its head will […]
On Monday, in a statement, CEO Ben van Beurden detailed the emotional decision. “Our decision to exit is one we take with conviction,” said van Beurden. “We cannot – and we will not – stand […]
Britain plans to boost investments in renewable and climate change projects in Nigeria and will provide 10 million pounds ($13.6 million) of support, Minister for Africa Vicky Ford said on her first trip to the […]
Britain on Saturday alleged that it had information that Moscow was “looking to install a pro-Russian leader in Kyiv” as fears of a Russian invasion of Ukraine grow. London said it had seen evidence that several former […]
Israel cannot come to the rescue of Europe’s gas and energy supply crunch as it is unlikely to raise the level of its natural gas exports, a senior Israeli official told Bloomberg on Thursday. Udi Adiri, director […]
ENB Publishers Note: The world’s energy crisis was not an overnight occurrence. It was brought on by years of bad energy policies. The rush to renewables without a plan has caused almost unrepairable damage. Do […]
U.K. drivers head into a second working week of fuel shortages, with the threat of higher prices adding to pressure as the government deploys army personnel to ease the crunch. The Royal Automobile Club warned […]
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