The UK has particularly focused on renewable energy recently, after having its first coal-free day in April this year and its ‘greenest’ summer to date.
The UK’s Financial Conduct Authority (FCA) has admitted for the first time that it met with Saudi Aramco, the world’s biggest oil company in early 2017.
Statoil, Lundin, Eni and OMV have been increasing their efforts in the Barents Sea, with the Norwegian government recently stating the region holds the largest undiscovered resource potential in the Norwegian Shelf and indicating it will play a vital role in the country’s future activities.
Battery technology is set to take centre stage in Britain’s energy future, with business secretary Greg Clark announcing a £246m investment and policy reforms to ensure a more flexible and secure UK energy system earlier this week.
While North Korea has not suggested it intends to attack its immediate neighbours or their energy infrastructure it does have the capabilities to do so.
The revival of the US coal mining sector is a strong focus of the Trump administration, but critics are questioning whether that is possible in current market conditions.
Angola, as part of the arrangement with the Organisation of the Petroleum Exporting Countries (Opec) members, agreed to reduce oil production by 78,000 barrels per day, to a maximum of 1,673,000 for six months from the start of 2017.
The Kurdistan region was once considered to be the last great frontier in the petroleum industry, however, a series of setbacks have reduced its appeal.
The UK and Norwegian North Sea has recently shown an increase in mergers and acquisitions activity despite the latest oil price down-cycle and its perception of a high-cost mature basin.
US president Donald Trump has pulled the US out of the Paris Agreement on climate change, the agreement that almost every country in the world adopted in December 2015.
The Organization of the Petroleum Exporting Countries (Opec) ministers will gather in Vienna, the Austrian capital today to discuss the world’s oil supply and prices.
Apple’s market cap reached $800bn for the first time on Monday, prompting suggestions that the tech giant could soon become the world’s first trillion dollar company.