Steel used in windfarm near Port Talbot ‘more than likely from China’
Steel used to construct a major new wind farm near Port Talbot “more than likely” comes from China, contractors have admitted.
Steel used to construct a major new wind farm near Port Talbot “more than likely” comes from China, contractors have admitted.
Kuwait plans a new state-owned fund to manage as much as $100 billion in local assets with the goal of selling them to private investors in five to seven years, Al- Anba newspaper reported.
The University of Louisiana has been displaying dozens of black-and-white images taken more than 40 years ago documenting the living and working conditions of coal miners.
More than 100 energy companies have had their credit ratings put on review for possible downgrade by Moody’s Investor Service. Shell, Total and Statoil are included in the move as oil prices are expected to recover more slowly than companies expect.
EDF said it plans to cut more than 4,000 jobs in France by 2018 and 6,000 jobs globally by 2019.
APR Energy said three members of its board have decided to step down from their positions as independent non-executive directors.
Supermarkets Asda and Tesco have cut the price of diesel to 97.7 pence per litre (ppl), its lowest level for over six years. But campaigners have called for even greater reductions amid tumbling oil prices.
A £14 million fund is to be shared by local authorities to make homes, public buildings and businesses more energy efficient, Social Justice Secretary Alex Neil has announced. Scotland’s Energy Efficiency Programme (Seep) will help improve warmth in buildings and homes, cut energy bills and work towards reaching climate-change targets.
The “devastating” impact of the crisis gripping the steel industry has been revealed in figures showing how difficult it is for workers to find other jobs. A government report showed that over half of SSI steel workers in Redcar are still looking for work four months after the plant closed.
Aberdeen had the largest fall in hotel occupancy and revenue of anywhere in the UK, new figures have shown.
Asda has cut the price of diesel to 97.7 pence per litre (ppl) amid tumbling oil prices. The supermarket said the 2ppl reduction has taken diesel to its lowest price in over six years.
Global Petroleum said one of its non-executive directors has resigned from its board.
A nuclear deterrent has never been needed more than in today’s less predictable, more dangerous world, Defence Secretary Michael Fallon has said.
David Cameron has warned Argentina’s new president that Britain will not negotiate over the sovereignty of the Falkland Islands.
Christine Lagarde has refused to say whether she will seek a second term as head of the International Monetary Fund after both Britain and Germany gave her their backing.
The Aberdeen property market is bearing up surprisingly well in the oil downturn, despite more houses sitting on the market and rents dropping by over £100 per month, say property experts.
Aberdeen food banks are braced for an influx of jobless oil and gas workers seeking food parcels as thousands of jobs are lost in the north east.
Hollywood star Leonardo DiCaprio took aim at the “corporate greed” of the global oil and gas industry as world political and business leaders and celebrities gathered for the World Economic Forum (WEF) in Davos Switzerland. DiCaprio – one of the world’s highest earning environmental campaigners – was honoured at the WEF Crystal Awards, which celebrate the achievements of leading artists who have shown “exemplary commitment” to improving the state of the world.
An energy company has finally moved to cut its gas bills to reflect plummeting wholesale prices, and consumer groups are urging others to follow suit.
Other energy suppliers must follow and improve upon E.ON’s “long overdue“ move to cut its standard gas price to reflect falling wholesale prices, consumer groups have said. E.ON is to cut its standard gas price by an average of 5.1% from February 1, which it says is the equivalent of £32 off an average annual gas bill.
DNV GL has moved its staff in Aberdeen to one hub after relocation its offices from another building in the city.
The crisis-hit steel industry has been dealt a fresh blow with news of more job losses.
Energy giant E.ON is to cut its standard gas price by an average of 5.1% and has launched what it claims is the cheapest fixed tariff on the market.
Businesses across Europe’s oil capital have been feeling the pinch since the global decline in oil price.
An MP has resigned from his position on a government committee after it was revealed it had been given funding from companies involved with fracking. Kevin Hollinrake has stepped down as the vice-chairman of the All Party Parliamentary Commmittee on Unconventional Oil and Gas.