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HomeUK

UK

Shell
Crude Oil News

Big oil consultant resigns with scathing email to 1,400 executives asking them all to ‘look in the mirror’

May 26, 2022 Mariel Alumit

A safety consultant resigned from Shell in a blaze of glory when she told executives they needed to admit that the oil giant is “failing on a planetary scale.” U.K.-based Caroline Dennett took to social media following […]

Oil
Commodities

Oil edges higher on tight supply and expected demand uplift

May 25, 2022 Mariel Alumit

French minister optimistic on EU oil embargo deal U.S. Memorial Day weekend travel to be busiest in two years U.S. EIA crude and products storage data due later on Wednesday LONDON, May 25 (Reuters) – […]

UK
Finance

UK now third most attractive clean energy investment market, but global renewables market faces supply chain crunch

May 24, 2022 Mariel Alumit

The UK has climbed two places to third in EY’s bi-annual ranking of the attractiveness of national renewable energy investment, partly due to the Government’s increasing of wind and nuclear targets in the face of […]

Global
Commodities

Column: Global diesel shortages herald imminent economic slowdown

May 23, 2022 Mariel Alumit

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 […]

UK investment
Finance

Eni plans €2.5 billion in UK investment over four years

May 23, 2022 Mariel Alumit

(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 […]

total-uk-north-sea
Exploration and Production

UK North Sea eyes chance of revival in energy crisis

May 16, 2022 Mariel Alumit

(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 […]

International News

Now Boris maps his way OUT of Net Zero agenda: PM sets up oil and gas taskforce to plot a way out of the energy crisis gripping Europe and cut UK reliance on Putin’s Russia

March 14, 2022 Andy Del Prado

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 […]

Shell is pulling out of Russia, dumping Gazprom deal
Crude Oil News

Shell is pulling out of Russia, dumping Gazprom deal

March 1, 2022 Mariel Alumit

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 […]

International News

Britain to raise Nigerian renewable, climate change investments

February 22, 2022 Andy Del Prado

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 […]

International News

UK accuses Moscow of trying to install pro-Russia leader in Ukraine

January 22, 2022 Mariel Alumit

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 […]

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