• Saudi Arabia’s Existential Crisis Returns As US Shale Booms Anew

    • Date: 19/03/18
    • Financial Times

    Kingdom seeks higher prices that risks greater North American production When Saudi Arabia’s crown prince Mohammed bin Salman visits the US next week, he will champion a new vision for the desert kingdom — one that is technologically savvy, religiously moderate and has a global influence beyond its oil prowess. He should thank his hosts for the […]

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  • Russia Warns Europe Against Alternative Gas Supplies

    • Date: 19/03/18
    • Bloomberg

    Russia moved to remind Europe that it’s the most flexible and reliable source of energy needed by the continent as the U.K. asks its allies to take a stand against the Kremlin over the poisoning of a former spy on its territory. Energy Minister Alexander Novak urged policy makers not to allow the diplomatic dispute […]

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  • Blackout Threat To Britain From Russian Cyber-Attack

    • Date: 18/03/18
    • The Sunday Times

    Spy chiefs have warned the bosses of Britain’s key power companies to boost their security amid fears of a Russian cyber-attack that could put the lights out. The National Grid was put on alert last week by officials from the National Cyber Security Centre (NCSC) — a branch of the signals intelligence agency GCHQ — […]

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  • Another Expensive Failure: UK’s Green Bank Sold Off On The Cheap

    • Date: 14/03/18
    • Energy Live News

    The UK’s former Green Investment Bank (GIB) failed to live up to its original ambitions and now there is no guarantee it ever will. That’s according to the Public Accounts Committee (PAC), which says the government’s sale of the GIB to Macquarie for £1.6 billion last year prioritised reducing public debt over the continued delivery of […]

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  • Nuclear Reactors Could Run as Long as 80 Years Under Trump Plan

    • Date: 13/03/18
    • Bloomberg

    The U.S. Energy Department is throwing its support behind a request by utilities to extend the life of some nuclear power reactors — keeping them in operation for as long as 80 years. An official with the department, who asked not to be named to discuss its decision-making process, said the agency was conducting research […]

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  • Lights Dimming Over India’s Solar Energy Sector

    • Date: 11/03/18
    • Financial Times

    As a result of higher taxes and tariffs, many tenders for new solar projects are either on hold or have been scrapped. Narendra Modi is on Sunday hosting India’s biggest diplomatic summit in years as he launches a new international body to help finance solar projects and seeks to cement India’s place at the forefront […]

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  • Shale Is Back And OPEC Is Backed Into The Corner

    • Date: 10/03/18
    • Financial Times

    Is Opec on the verge of making the same mistake all over again? The cartel managed to ignore the rise of the US shale industry at the start of this decade until its output growth eventually overwhelmed the oil market. That triggered one of the biggest price collapses in history as Opec fought fire with […]

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  • Saudi Aramco Set to Join the Shale Revolution

    • Date: 07/03/18
    • Bloomberg

    Saudi Aramco, the world’s largest oil exporter, is set to join the shale revolution with plans to start producing unconventional natural gas this month and exploit a deposit that could rival the Eagle Ford formation in Texas. Saudi Arabia’s gas resources from shale and other alternative supplies are “huge,” Khalid Al Abdulqader, general manager of […]

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