Wind is being tipped for the top in the drive to deliver more renewable power in Britain, with the country now capable of producing over 5 gigawatts of offshore power, which equates to supporting more than 3.5m homes and saving 6.3m tonnes of carbon emissions a year. A recent Greenpeace study confidently predicted that by…

The energy giant has decided to pull the plug on oil exploration in offshore Alaska “for the foreseeable future”, saying it had not found sufficient levels of oil and gas in the Burger J well to warrant further efforts. It is an astonishing development for the company which has spent $7bn on the project and…

Meanwhile in Germany so much electricity is generated from renewables that the solar superpower is finding it hard to handle the levels of output.  This emphasizes the need to focus investments on smarter ways of storing as well as using the energy that’s being produced. The UK broke a record in the first quarter of…

The end of the year looks set to be a busy time for Iran and those keen to establish new business links with its oil industry. The country’s oil minister Bijan Namdar Zanganeh circled the end of November for a lifting of international sanctions, declared that within a week of that, oil production will increase…

Something very strange has happened in the North Sea. “It’s still early days,” says Oil & Gas UK Chief Executive Deirdre Michie, “But initial indications suggest production could increase this year for the first time in 15 years.” Cue Bryan Cranston and his mic. It was something no-one predicted. After several years of costs going…

Morgan Stanley’s a bit of a doom monger isn’t it? For the last six months it’s been saying this oil crash is as bad as the one in 1986 when oil prices fell 45%. But in a surprise move, it announced it no longer thinks this. No. It now says things could get really bad.…

It’s an alarming thought to those of us with vested interests in the renewables future (and if you’re not sure that includes you, remember you share this planet so it does..!). The cost of producing renewable energy is decreasing. Wind farms cost less. China is selling solar panels that now cost 61 cents per watt…

Certainly in recent weeks there has been considerable upheaval, and most of it generated by Russian actions. It faces ongoing western sanctions as a result of the Ukrainian crisis, the collapse in its plan to move business to China because of its unforeseen economic slowdown and to make matters worse, a return to low oil…

Experts have predicted that the aging workforce will have a significant impact on future labour and skills shortages, which will be detrimental to the Oil and Gas sector in years to come.  In an industry where no-one thinks twice about investing multibillions in technological advances or product development, it is odd that so very little…

Break open the flatbread: our Iranian feast – and intrigue – continues. Since announcing the historic deal on Tuesday last week, speculation has abounded about the impact of Bijan Zanganeh’s ambitions to see his country return to pre-sanction production levels. How OPEC will deal with that is one of the trickiest and fascinating questions facing…