Eight tankers carrying the equivalent of more than 1.9 million barrels of Russian oil docked in Britain since Putin invaded Ukraine and outraged…
Continue ReadingSurging oil prices could push drivers to electric vehicles, speeding decarbonisation efforts, but they may also hold back economic recovery from the coronavirus…
Continue ReadingAccording to a recent study, should the UK opt for a hard Brexit and resort to WTO rules, the cost of trading oil…
Continue ReadingWorkers on Royal Dutch Shell’s Brent oilfield platforms in the North Sea voted overwhelmingly in favour of strike action over disagreements about the…
Continue ReadingOil giant Royal Dutch Shell has announced that it is to make a further $1 billion worth of spending cuts in order to…
Continue ReadingAccording to a report from the Bank of Scotland and Lloyds Bank Group, almost a third of UK oil and gas companies are…
Continue ReadingAn OPEC meeting in Vienna ended today with no official agreement reached on whether or not to cap output levels in order to…
Continue ReadingShell to Set Up Dedicated Renewables Division
Written by Danny Lord in Climate Change Energy Suppliers Renewable Energy
Oil giant Shell will be creating a new division dedicated to investing in green energy in order to avoid the “nasty, brutish and…
Continue ReadingOil giant Shell’s profits have been hit by falling commodity prices, causing them to cut their spending by 10% and offer reduced forecasts…
Continue ReadingPlummeting oil prices have caused the North Sea Oil industry to become a burden on the taxpayer, rather than the important asset it…
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