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Author: George Gangar

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  2. Author Archives
Apr19

Price of Oil Drops After Producers Fail to Freeze Output

Written by George Gangar in Oil & Gas

Oil prices have plummeted after a meeting of Opec countries failed to come to an agreement on an output cap.

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Apr19

Centrica Set to Cut Jobs and Prepares for Pay Row at AGM

Written by George Gangar in Energy Suppliers

Centrica, the group that owns British Gas, has said that it will be cutting around 3,000 jobs this year in order to reduce…

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Apr19

RBS Cuts Fossil Fuel Investments as Green Loans Rise

Written by George Gangar in Oil & Gas

The Royal Bank of Scotland has cut worldwide investment loans to oil and gas companies in the past year, it has also doubled…

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Apr11

Saudi 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…

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Apr11

Cuts to Green Subsidies Lead to Plummet in Solar Panels

Written by George Gangar in Government Policy Renewable Energy

Since the government cut green subsidies, the amount of household energy produced by solar power has fallen by 75% in the last two…

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Mar30

Investment in Clean Energy Now Double Gas and Coal

Written by George Gangar in Climate Change Renewable Energy

In what has become a record year for clean energy, total global investment in gas and coal-fired power stations dropped to less than…

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Mar30

Rockefeller 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…

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Mar22

Tribunal to be Held Over “Secret” Hinkley Point Documents

Written by George Gangar in Nuclear Energy

The 18-month row over the real cost of Hinkley Point C looks set to reach crunch time in London.

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Mar14

Oil Prices Drop as Iran Refuses to Freeze Output

Written by George Gangar in Markets Oil & Gas

Monday saw oil prices drop by 3% on global markets after Iran delayed its plans to agree to a proposed production freeze.

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Mar09

Npower set to cut 2,500 jobs

Written by George Gangar in Energy Suppliers

One the biggest gas and electricity companies in the UK, Npower, is poised to announce around 2,500 job cuts both overseas and in…

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