News
News
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Energy market abuse penalties could start in April
Energy market abuse penalties could start in April Jan 23, 2015 Priyanka Shrestha Markets Finance, Policy Legislation 0 New penalties including prison time for rigging wholesale gas and electricity prices could come into force in April, DECC announced yesterday. Last year the Government proposed sanctions to protect consumers from unfair practices and give regulators new […]
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US pipeline tycoon in $3bn oil, gas assets deal
US pipeline tycoon in $3bn oil, gas assets deal Jan 23, 2015 Priyanka Shrestha Coal, Gas Oil, Markets Finance 0 One of the biggest pipeline operators in the US is to buy a pipeline network in a $3 billion (£2bn) deal. Billionaire Richard Kinder, Chairman and CEO of Kinder Morgan, announced the firm will buy […]
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US duo secure £70m UK solar energy loan
US duo secure £70m UK solar energy loan Jan 22, 2015 Priyanka Shrestha Markets Finance, Sustainability Environment 0 Two US companies have secured financing to build five large-scale solar power plants in the UK. Santander and Bayerische Landesbank each provided £35 million, with a tenor of two years, bringing the total amount to £70 million. […]
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Solar in fashion as US retailer wears rooftop panels
Solar in fashion as US retailer wears rooftop panels Jan 22, 2015 Vicky Ellis Low Carbon 0 Forever 21’s HQ in LA flaunts its solar panels. Image: Permacity American high street clothing chain Forever 21 has pimped out its offices with solar panels. Its headquarters in Los Angeles are now decked out with what it says is […]
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Saudis study Kingdom’s energy use
Saudis study Kingdom’s energy use Jan 20, 2015 Vicky Ellis Coal, Gas Oil, Energy Efficiency 0 Saudi Arabia’s Kingdom Centre, in the capital city Riyadh. Image: Thinkstock Saudi Arabia is mounting a study to find out how much energy is used by businesses and homes in the country. Electricity demand in the oil-rich Kingdom has […]
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Oil plunge to weigh on Russian economy
Oil plunge to weigh on Russian economy Jan 20, 2015 Priyanka Shrestha Coal, Gas Oil, Markets Finance 0 Russia’s economy could shrink close to 5% this year as a result of plunging oil prices, according to the European Bank for Reconstruction and Development (EBRD). That’s a major downward revision from its September forecast of a […]
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National shale gas college names first Chair
National shale gas college names first Chair Jan 19, 2015 Priyanka Shrestha Coal, Gas Oil 0 Colette Cohen, head of Centrica’s UK oil and gas production business. Image: Centrica Energy The head of Centrica’s UK oil and gas production business has been appointed as the Chair of the new national shale gas college. Called the National College […]
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UK pours £150K to help firms manage water issues
UK pours £150K to help firms manage water issues Jan 19, 2015 Priyanka Shrestha Markets Finance, Sustainability Environment 0 An initiative aimed at helping businesses manage their water issues better has been granted funding worth £150,000. The cash will be used by the Business in the Community’s Water Taskforce – which was set up last […]
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Hands on training course for offshore wind farms
Hands on training course for offshore wind farms Jan 17, 2015 Taryn Nixon Energy Efficiency, Sustainability Environment 0 Image: Thinkstock. A course to prepare technicians for the UK offshore wind industry is being offered in the North East of England. The twelve week course in Newcastle Upon Tyne, will cover areas in first aid, manual […]
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Oil pumped through refineries surges to “record high”
Oil pumped through refineries surges to “record high” Jan 18, 2015 Vicky Ellis Coal, Gas Oil, Markets Finance 0 Image: Thinkstock The amount of crude oil churned out from refineries reached a record high last month, according to the International Energy Agency’s monthly oil market report out yesterday. It states the global “throughputs” surged to […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas