The Able Marine Energy Park (AMEP), in northern England, has obtained the go-ahead by the Government. The project will be located on the south bank of the Humber, in North Killingholme and is likely to create more than 4000 jobs for a total cost of more than 450 million pounds.
read more... 20/12/2013
Brent crude oil futures traded steady at over $109 a barrel on Thursday as the market ignored a move by the U.S. Federal Reserve to curb its monetary stimulus programme, and remained focused on U.S. crude stock withdrawals. Brent crude declined 17 cents to $109.46 a barrel by 09:22 GMT, after ending $1.19 higher on Wednesday. Meanwhile, U.S. oil eased 3 cents to $97.77, after ending 58 cents up.
read more... 20/12/2013
Britain is moving ahead with plans to accelerate the search for shale oil and gas, as a British government report has found that more than half of the country could be suitable for shale gas fracking. The government published a new report which claims the energy source will not have a detrimental effect on the environment.
read more... 18/12/2013
Jim Ratcliffe, the boss of one of the UK's biggest energy consumers, the chemical company Ineos, which owns the Grangemouth oil refinery in Scotland has warned that nuclear power from the Hinkley C generator, will be too costly in comparison to energy from elsewhere.
read more... 17/12/2013
Plans to build the UK’s largest solar farm, the Wroughton farm, obtained the permission for realization after the Swindon Borough Council’s planning committee authorized planning consent for the proposed 40MW solar farm in Wiltshire.
read more... 16/12/2013