Monday, 10 March 2025

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OEUK’s annual offshore decommissioning report said only 126 wells were decommissioned in 2023 (Andrew Milligan/PA)
BusinessNewsOffshore WindOil

Less offshore energy decommissioning work carried out in UK last year despite higher spend

UK decommissioning spend rose to £1.7bn in 2023, but well closures fell nine per cent, with resource clashes and cost inflation stalling progress.

Liberty Oilfield Services CEO Chris Wright is pictured in Denver, Jan. 17, 2018. (Andy Cross/The Denver Post via AP)
AnalysisBusinessElectricityEmissionsLegislationLiquefied Natural GasNatural GasOilPoliticsRegulationsTrade

What to know about Chris Wright, Trump’s choice to run the Energy Department

Trump’s Energy Secretary pick, Liberty Energy CEO Chris Wright, backs fossil fuels, fracking, and plans to reverse Biden’s climate policies.

EconomyElectricityNewsUtilities

Britain’s energy price cap to rise 1% in January, forecasts Cornwall Insight

Britons had hoped energy prices would cool to help them cope with a cost of living squeeze.

A Nuclear Waste Management Organization senior transportation engineer explains transportation signage for waste uranium during a tour of NWMO's facility in Oakville, Ont., Tuesday, Dec. 12, 2023.  THE CANADIAN PRESS/Frank Gu
ElectricityEmissionsEnvironmentIndigenousLegislationNewsNuclear FusionNuclear PowerPoliticsRegulations

Northern Ontario First Nation says yes in referendum on possible nuclear waste site

The town council of Ignace voted in favour earlier this year, and its counterpart Wabigoon Lake Ojibway Nation has now also voted yes.

U.S. President Joe Biden speaks at an event, with American flags displayed on a panel behind him.
ClimateClimate FinanceElectricityNewsPoliticsSolarWind

Biden to announce ‘historic’ pledge to World Bank fund for poorest countries, advisor says

Biden to announce historic pledge to replenish the World Bank’s fund for the world’s poorest countries.

FILE PHOTO: The sun sets behind wind turbines at the Saint-Nazaire offshore wind farm, off the coast of the Guerande peninsula in western France, February 25, 2023. REUTERS/Stephane Mahe
AnalysisBusinessEconomyElectricityOffshore WindPoliticsWind

Global offshore wind industry poised to miss big targets as obstacles mount

Global offshore wind faces setbacks: rising costs, delays, and missed targets jeopardize renewable energy goals by 2030.

The illuminated BP logo shines brightly at a gas station during the night.
BiofuelsBusinessElectricityEmissionsHydrogenNatural GasNewsOffshore WindOilSolarWind

European oil giants step back from renewables path

European oil giants, including BP, cut back on low-carbon power and refocus on oil, gas to revive investor confidence.

Deputy First Minister Kate Forbes said the Scottish Government was determined to capitalise on the ‘opportunities’ of the net zero transition (Jane Barlow/PA)
BusinessEconomyElectricityHydrogenNewsOffshore WindPoliticsRegulationsTradeWind

Forbes vows Scotland will capitalise on ‘opportunities’ of net zero transition

Scotland aims to become a global green energy leader by fostering an investor-friendly climate for net-zero projects, says Kate Forbes.

North Dakota Gov. Doug Burgum speaks before Republican presidential nominee former President Donald Trump arrives at a campaign rally at Van Andel Arena, Monday, Nov. 4, 2024, in Grand Rapids, Mich. THE CANADIAN PRESS/AP-Paul Sancy
AnalysisBusinessCarbon ManagementEconomyElectricityOilPoliticsRegulationsTrade

Trump’s new energy council could mean trade opportunity for Canada: experts

Trump’s energy-focused administration may open new trade opportunities for Canada amid looming tariffs, experts suggest.

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