energy risk

Norway’s oil fund reaches $1 trillion as value of North Sea oil rises – Commonspace – 13/09/2017

Norway’s oil-fuelled sovereign wealth fund has reached its highest ever value as Nicola Sturgeon calls signs of improvement in the North Sea oil and gas sector “encouraging”

Source:  Commonspace, 13/09/2017

By |September 14th, 2017|Categories: News|Tags: , , |

Venezuela Stops Accepting Dollars for Oil Payments Following U.S. Sanctions – Fox Business – 13/09/2017

The government of this oil-rich but struggling country, looking for ways to circumvent U.S. sanctions, is telling oil traders that it will no longer receive or send payments in dollars, people familiar with the new policy have told The Wall Street Journal.

Source:  Fox Business, 13/09/2017

By |September 14th, 2017|Categories: News|Tags: , , |

Saudis Prepare for Possible Aramco IPO Delay to 2019 – Bloomberg – 13/09/2017

Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company by a few months into 2019, according to people familiar with the matter.

Source:  Bloomberg, 13/09/2017

By |September 14th, 2017|Categories: News|Tags: , , |

Argentina Doubles Down On Shale Gas And Renewables – – 13/09/2017

Traditionally one of the most prominent oil and natural gas markets in South America, Argentina is increasingly turning towards alternative forms of energy, with the government exploring shale gas and renewable options as it looks to diversify its power market. The shift comes amid challenges to longstanding hydrocarbons production, which has seen Argentina record export [...]

By |September 14th, 2017|Categories: News|Tags: , , |

Finland to introduce law next year phasing out coal – Reuters – 31/08/2017

Finland will introduce legislation next year to phase out coal and increase carbon taxes, a top government official told Reuters, which would require the country to find alternative energy sources to keep its power system stable.

Source:  Reuters, 31/08/2017

By |September 14th, 2017|Categories: News|Tags: , , |

Germany heads for “spectacular” 2020 climate target miss – study – Clean Energy Wire – 07/09/2017

Germany must urgently step up its CO2 reduction efforts immediately after the upcoming elections if it wants to prevent a spectacular miss of its 2020 climate targets, according to think tank Agora Energiewende. Instead of reducing emissions by 40 percent by 2020 as planned, the homecountry of the energy transition currently heads for a cut [...]

By |September 7th, 2017|Categories: News|Tags: , , |

Russian Rivalries: A Tale of Two Energy Firms – Stratfor – 07/09/2017

As overall energy revenue in Russia has decreased in recent years, oil giant Rosneft has aggressively attempted to expand its influence. Rosneft hopes to translate its power into major changes in the energy landscape, such as ending rival Gazprom's monopoly over piped natural gas exports. Rosneft's increasing influence has allowed its leader, Igor Sechin, to [...]

By |September 7th, 2017|Categories: News|Tags: , , |

UK: Energy policy needs more truth and less rhetoric – Business Green – 06/09/2017

The REA's James Court assesses the debates likely to surround the forthcoming Clean Growth Plan and the Energy Costs Review

Source:  Business Green, 06/09/2017

By |September 7th, 2017|Categories: News|Tags: , , |

Renewables to produce 85% of global electricity needs by 2050 – Climate Action – 06/09/2017

On Monday, Dutch quality assurance and risk management company DVL GL published its Energy Transition Outlook 2017 report and predicted that by 2050, 85 per cent of global electricity needs and 44 percent of total energy needs will be met by renewables.

Source:  Climate Action, 06/09/2017

By |September 7th, 2017|Categories: News|Tags: , , |

Hurricane Irma Could Destroy Oil Demand – – 05/09/2017

About half of the shuttered refining capacity along the Gulf Coast could be back up and running by Thursday, assuaging concerns about the possibility of acute gasoline shortages in much of the U.S.

Source:, 05/09/2017

By |September 7th, 2017|Categories: News|Tags: , , |