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New Zealand Bans New Offshore Oil and Gas exploration
New Zealand has announced a halt on any new oil and gas exploration in the country, in a surprise move hailed as “historic” development by environmental campaigners. Although there are 31 oil and gas permits currently granted in New Zealand,…
ABB to Drive Digitalisation in Its Power Generation & Water Division with Collaborative Operations
ABB will now apply its industry-leading ABB Ability technologies to its Power Generation & Water division from a centre in Genoa, Italy. By opening its cloud-based platform through the new Collaborative Operations Centre, the Swiss tech leader will help customers…
US Renewables Account For 18% Of Energy Mix, Hot On The Heels Of Nuclear
Renewable energy deployment grew at a near-record pace in 2017, increasing by 14% to account for 18% of total US electricity generation, double its contribution a decade ago, and bringing it hot on the heels of the nation’s nuclear energy…
Report: Closing Coal Plants Would Save US $10bn a Year
Energy consumers in the US could be paying an extra $10bn a year by 2021 to prop up ageing coal power plants, according to a new study which argues cheap gas and renewable energy will soon undercut the cost of…
Santa Barbara Becomes First California City to Pass Resolution Against Offshore Oil and Gas Drilling
The Santa Barbara City Council approved a resolution Tuesday opposing new drilling off the California coast and fracking in existing offshore oil and gas wells. The resolution is the first in a new statewide campaign to rally local governments against…
Veolia Partnership Gears Up to Recycle Former Shell Oil Rig
Veolia-Peterson is gearing up to recycle a former Shell offshore oil rig, after the top platform of the structure arrived for decommissioning in Great Yarmouth yesterday. The company, a joint venture between resources firm Veolia and logistics specialist Peterson, has…
Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis
More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes in energy will reshape the sector. Slowing demand…