Industry News

Total’s North Sea Oil Union workers begin 24-hour strike.

Strike action by workers begins today on North Sea platforms operated by French oil giant Total. Unite, Britain's largest labour union, have said that around...

OFTEC WELCOMES INCLUSION OF OIL IN ECO3

OFTEC has welcomed the announcement from the Department of Business, Energy and Industrial Strategy (BEIS) that oil boilers will not be excluded from the...

FPS Fights Fuel Poverty In The Midlands With Funds Award For Four Heat Heroes

The Federation of Petroleum Suppliers (FPS), together with Midlands-based heating oil distributors, AID Fuels, Nolan Oils and Midland Fuels Oils have been fundraising to...

CCC Recommendations on Decarbonising off-grid heat fail to address reality, says OFTEC

OFTEC has written to the Committee on Climate Change (CCC) expressing major disappointment that, despite clear evidence showing heat pumps are not providing a...

New research reveals importance of additional support in engaging vulnerable customers in smart metering

New research released by fuel poverty charity National Energy Action has demonstrated that smart meters can benefit vulnerable and low-income households – but in...

Ireland Is Officially the First Country to Divest From Fossil Fuels

Ireland committed to divesting public funds from fossil fuel companies on Thursday after parliament passed a bill forcing the 8.9 billion euro (US$10.4 billion) Ireland Strategic...

Warning of Oil Supply Crunch

Saudi Aramco chief warns of oil supply crunch and says investment in projects such as shale will not be enough to meet rising demand Amin...

Trump’s tweets are driving up oil prices

Iran’s Organization of Petroleum Exporting Countries (OPEC) governor has suggested that the president of America is responsible for driving up oil prices with his...

Price of heating oil soars in the middle of heatwave

Demand for home heating oil may have plummeted we bask in the sunshine - but prices are soaring, according to the consumer watchdog. As the...

Increase in U.K. Oil and Gas Tax Revenues

Latest figures from HM Revenue and Customs (HMRC) suggest oil and gas tax revenues are officially since the first time since the industry downturn “in the...

Featured Articles

ExxonMobil has most remaining reserves among oil & gas supermajors, says...

Among oil & gas supermajors, ExxonMobil leads in terms of remaining reserves for producing, planned and announced fields with 28,069 million barrels of oil...