It’s good news for North Sea oil after it receives a boost from new investment. The welcome boost comes as new tax breaks along with over 160 new production licenses bring a renewed interest in investment. The tax breaks, announced last month by Chancellor George Osborne, have already secured two new major North Sea oil deals, including a £1.6 billion project by Canadian oil company Talisman Energy.
In the race for renewables biogas plants and Anaerobic Digestors (AD) have proved popular and effective methods. In the UK bioenergy now accounts for about one quarter of our renewable supply.
Today commercial use of shale gas began in Australia. The gas and oil company Stanos announced that their Moomba-191 well was connected to a main gas grid for the first time this morning. Santos has described the connection as a ‘historic milestone’ for the Australian resources industry.
In an EU Climate Action conference this week the energy secretary Ed Davey called for tougher carbon reduction efforts in the EU. In his speech Davey called once again for an EU-wide carbon reduction target of 30% by 2020 – the current target is just 20%.
The gas industry received some welcome news last week as Energy and Climate Change secretary Ed Davey revealed plans to The Guardian to build 20 new gas-fired power plants. Should the plans go ahead it will see the biggest construction in the UK’s power sector for decades.
Our SFC3000 Flow Measurement Computer has had a few new additions since its launch in October 2008, and we’re very excited about our latest one.
The East African hunt for oil and gas found its pay-off this week with a significant gas finding off the coast of Kenya.
Natural gas is riding high at the moment. Cheap costs mixed with the rising prices in oil and coal have sent its popularity soaring.
It’s official – we’re living in a throw-away generation. A recent survey on landfill sites has found that a staggering £659 million worth of materials are thrown into landfill sites every year.