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New Climate Plan Causes Oil Industry to Threaten Legal Action Over €500m

The Government has been threatened with legal action over the funding of its €500 million climate plan. Last year, when the Climate Action Fund was...
Statoil Stops Plant Leak Within 2 Hours | oil

Oil & Gas – The Solution To Climate Change | OPEC

The oil and gas industry is instrumental in adopting technology that could reduce emissions from fossil fuels. Mohammad Barkindo, the Secretary-General of OPEC, said...

Government Blocks Bill Seeking To Ban Oil & Gas Exploration

The Government has been accused of "utter hypocrisy" on climate change after it blocked a Bill seeking to ban oil and gas exploration in...

Expected Changes to Heating Sector

The Government's action plan on climate will affect all sectors, including home heating. It is a significant contributor to carbon emissions, about 10% of the...
Fuel Poverty Gap Between Rural And Urban Areas Has Closed

The Benefits of Bio-fuel

OFTEC, which stands for the Oil Firing Technical Association represents the oil heating sector and is recommending that biofuel offers a straightforward alternative for...
oil

Oil Prices Jump Over 2%

Oil prices rose more than $1 a barrel today, with OPEC and its allies on track to extend supply cuts until at least the...
Greenergy Acquire Inver Energy, Ireland and CAN-OP | biofuel

Biofuels | The Future of Liquid Fuel Heating

New research was unveiled recently at OFTEC's 2019 annual conference supporting that liquid biofuels are a low cost, high-impact carbon reduction solution for oil-heated homes. Industry leaders gathered...
OFTEC Urges Heating Businesses to Protect Themselves Against Liability

Get Ready for New Environmental Regulations

New regulations from Natural Resources Wales are due to come into force in March 2020, resulting in all above ground tanks in excess of...

U.S. Oil Demand On The Rise

The U.S. economy burned through an average of 20.46 million barrels of crude oil and related liquids each day last year. That was about...

Predicted 6.43% CAGR For Oil And Gas Market By 2025

The demand in the global underwater monitoring system for the oil and gas industry is expected to reach a CAGR of 6.43% by 2025. The...

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Boris Johnson

Brexit & The Oil Industry

According to Stephen Brennock, an oil analyst at PVM Oil Associates Ltd., one area of concern is the prospect of a hard Brexit breathing...
TransCanada Responds To Oil Leak In Amherst, South Dakota

Saudi Plans to Sell its Oil