UK Offshore Oil and Gas Production up by a Fifth over past Five Years

UK offshore oil and gas production has increased by a fifth over the past five years, following 14 years of decline. That’s according to a new report from Oil and Gas UK (OGUK), which suggests momentum is again building around exploration activity, with up to 15 exploration wells expected in …

Could US Overtake Saudi Arabia as World’s Top Oil Exporter?

The US will start exporting more oil than Russia and could potentially overtake Saudi Arabia as the world’s top exporter in the next five years. The forecast from the International Energy Agency (IEA) comes after a “spectacular growth” of 2.2 million barrels per day (mb/d) of oil in the US …

Japan Struggles to Relocate Fukushima Nuclear Waste

Japan is struggling to find a resting place for soil contaminated in the 2011 Fukushima Daiichi nuclear meltdown. In the years after the disaster, thousands of workers starting removing soil, debris and other contaminated material from the area in a ¥2.9 trillion (£21bn) effort to reduce radiation levels and attract …

Finland Approves 2029 Coal Ban For Energy Use

Finland has brought forward its coal phase-out date by one year, according to reports, with the new deadline set for May 1, 2029, after which coal will be banned from use as an energy source except in an emergency. Reuters reported last Friday that the Finnish Parliament approved on Wednesday …

Scientists Can Now Turn Atmospheric CO2 Back into Coal

Through burning vast amounts of fossil fuels over the decades, we’ve pumped so much CO2 into the atmosphere that even if we had stopped burning any more at all, the planet’s climate would still be changing irrevocably. And it’s not as if we are going to stop burning yet more …

Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’

Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure. These are the findings of a new World Economic Forum study, which shows the world’s sovereign wealth funds collectively own $8 trillion (£6.1tn) in assets but currently invest just 0.19% …

Could Moon Mining Mission Be the Key to Sustainable Rocket Fuel?

A mission to mine on the moon could be the key to creating sustainable rocket fuel. That’s the verdict from the European Space Agency (ESA) and the ArianeGroup, which have signed a one-year contract to prepare for a space-based mission with the aim of mining regolith ore. They say it …