• Brexit To Hit Green Energy Groups Hard

    • Date: 06/07/16
    • BDC Magazine

    Europe’s renewable energy sector is facing significant insecurity in the wake of the UK’s vote to leave the European Union. The Brexit campaign was led by a number of leading political figures who oppose tackling climate change by introducing wind warms and other renewable energy sources to replace fossil fuel power stations. Lord Nigel Lawson, […]

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  • US Oil Reserves Surpass Those Of Saudi Arabia And Russia

    • Date: 05/07/16
    • Anjli Raval, Financial Times

    The US holds more oil reserves than Saudi Arabia and Russia, the first time it has surpassed those held by the world’s biggest exporting nations, according to a new study. Rystad Energy estimates recoverable oil in the US from existing fields, discoveries and yet undiscovered areas amounts to 264bn barrels. The figure surpasses Saudi Arabia’s […]

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  • Poland Introduces Bill Favoring Coal Over Renewable Energy

    • Date: 01/07/16
    • New Europe

    By reducing the role of renewables in its energy mix, Poland could go beyond 80% dependence on coal for electricity production. The new bill adopted on Tuesday overhauls a system of green certificates that polluters must buy, while moving to create regulatory barriers for wind farms. The new law envisages a system of green energy […]

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  • China Well Behind Its Wind Power Target

    • Date: 28/06/16
    • Diarmaid Williams, Power Engineering

    The Global Wind Energy Council has unveiled data showing China is failing to reach the target set for itself in development of offshore wind power capacity. The country installed just 1 GW of offshore wind capacity last year, against a target of 5 GW. However officials say they would prefer to master the technology first, […]

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  • Anti-Fracking Movement Reeling As ‘Scare Tactics’ Fail To Resonate

    • Date: 23/06/16
    • Valerie Richardson, The Washington Times

    Even before a federal court ruling threw out the Obama administration’s hydraulic fracturing rule this week, foes of fracking were struggling to dig their way out of a hole after a string of policy and regulatory reversals. U.S. District Court Judge Scott Skavdahl ruled late Tuesday that the Interior Department exceeded its authority with its […]

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  • Judge Strikes Down Obama Rule on Fracking on Public Lands

    • Date: 22/06/16
    • Amy Harder, The Wall Street Journal

    A federal judge in Wyoming made permanent a temporary block of an Interior Department rule setting stricter standards for hydraulic fracturing on public lands, a blow to President Barack Obama’s environmental agenda in the sunset of his administration. U.S. District Judge Scott Skavdahl issued a ruling late Tuesday invalidating the regulation, saying the Interior Department […]

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  • The New Swing Producer: Shale Bounces Back

    • Date: 19/06/16
    • The Economist

    Fracking has brought a new dynamic to global oil markets: the ability to flex output up and down more quickly than conventional oil drilling, rather like factories responding to changes in demand IN THE wilds of western Texas, a flicker of life has returned to the fracking, or hydraulic-fracturing, industry. In the past four weeks […]

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  • U.S. Shale Oil Rebound

    • Date: 18/06/16

    Fears that higher oil prices may prompt energy groups to ramp up the pace of drilling gained credence on Friday after data showed the number of US oil rigs rose for the third week in a row. The tally of US oil rigs climbed by 9 this week to 337, the highest since late April, […]

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