News
News
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Shell sells Australian LNG stakes for $1.1bn
Shell sells Australian LNG stakes for $1.1bn Posted on 20 January 2014 by Priyanka Shrestha Oil giant Shell is selling its interests in a Liquefied Natural Gas (LNG) project in Australia for $1.14 billion (£694m). It has agreed to sell an 8% stake in the Wheatstone-Iago joint venture along with its 6.4% interest in the […]
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Portsmouth University gets £2.25m energy efficient data centre
Portsmouth University gets £2.25m energy efficient data centre Posted on 20 January 2014 by Vicky Ellis The University of Portsmouth has built a new energy efficient data centre worth £2.25 million. Opened at the end of 2013, the centre’s “cutting-edge design” gives the university full control of its data centre cooling plant. Data centres measure […]
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British firm hunting for oil off Honduras coast
British firm hunting for oil off Honduras coast Posted on 19 January 2014 by Priyanka Shrestha British company BG Group is reportedly gearing up for oil and gas exploration on Honduras’ Atlantic coast. Reports claim the authorities at Honduras, a republic in Central America, is to soon give the company an environmental license for an […]
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High-security hospital to file down energy costs by £112k a year
High-security hospital to file down energy costs by £112k a year Posted on 19 January 2014 by Vicky Ellis Rampton Hospital in Nottinghamshire is getting a new energy centre which could save it £112,000 a year on energy costs. The NHS Trust hospital is home to some of the most dangerous criminals in the UK. […]
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European oil demand “continued to improve” over 2013
European oil demand “continued to improve” over 2013 Posted on 17 January 2014 by Vicky Ellis Europe’s need for oil will “improve” in 2014 according to the Middle Eastern oil group OPEC. The region’s demand for oil last year shrank by 0.19 million barrels per day (mb/d) because of deep economic crisis in several countries. […]
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Aberdeen shared heat network absorbs tower blocks
Aberdeen shared heat network absorbs tower blocks Posted on 17 January 2014 by Vicky Ellis An extra 287 properties are joining a district heating network in Aberdeen this year to try and cut their bills. Aberdeen City Council reckons its energy efficient network helps slash emissions by around 56% and cuts fuel bills by more […]
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E.ON’s price rise kicks in this weekend
E.ON’s price rise kicks in this weekend Posted on 16 January 2014 by Priyanka Shrestha Energy supplier E.ON’s winter price hike of 3.7% for its dual fuel customers comes into effect this Saturday. The rise takes into account the changes to the green and social levies, some of which were moved to general taxation by […]
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‘Critical stage’ for UK-Norway electricity link
‘Critical stage’ for UK-Norway electricity link Posted on 16 January 2014 by Priyanka Shrestha Plans to build an interconnector between the UK and Norway are entering a “critical stage” which needs favourable policy decisions. That’s the view of National Grid which has been working with Norwegian firm Statnett for the past five years in developing […]
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Japan’s Toshiba buys 60% stake in UK’s nuclear plant
Japan’s Toshiba buys 60% stake in UK’s nuclear plant Posted on 15 January 2014 by Vicky Ellis Japanese technology firm Toshiba yesterday bought 60% of NuGen, a project to build a new nuclear power station in West Cumbria. GDF SUEZ which owns the other 40% said the deal gives “new impetus” to plans for another […]
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‘Nearly half of Brits don’t want fracking near their homes’
‘Nearly half of Brits don’t want fracking near their homes’ Posted on 15 January 2014 by Priyanka Shrestha Nearly half (47%) of Brits wouldn’t be happy for shale gas drilling to take place within 10 miles of their homes, a new survey reveals. They are fearful of the damage fracking could cause to the local […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas