City A.M

Latest articles from City A.M

• Oil Prices Could Fall Another 20%

  Published 28 March 2020 | viewed 85,985 times

  Brent crude was down four percent Friday afternoon at $27.50 per barrel. US crude was five percent lower at $21.47 per barrel.  Prices were on…

• The Price War Could Kill The UK's Oil Industry

  Published 19 March 2020 | viewed 11,676 times

  The UK’s oil and gas industry has called on the government to help the sector as it faces three separate challenges, that could see production…

• The $638 Billion Cost Of Keeping Coal Alive

  Published 19 March 2020 | viewed 6,947 times

  An estimated $638bn (£489bn) could be wasted worldwide on using coal to generate electricity. That’s according to a report released today which advises international governments…

• The UK Needs To Invest $62 Billion In Wind Turbines To Reach Energy Target

  Published 13 February 2020 | viewed 8,987 times

  According to renewable energy analysts Aurora, in order to fulfil the goal, 260 wind turbines will have to be installed a year, roughly one for…

• UK’s Clean Energy Sector Desperately Needs Fresh Talent

  Published 29 January 2020 | viewed 6,492 times

  According to new research by the National Grid, in total the UK will need to fill 400,000 jobs by 2050 to ensure it makes the…

• The Shipping Industry’s $1 Trillion Problem

  Published 20 January 2020 | viewed 20,167 times

  The shipping industry must spend at least $1 trillion on new fuel technology if it is to meet UN emissions targets by 2050. According to…

• This Country Just Agreed To A $44 Billion Plan To Ditch Coal

  Published 18 January 2020 | viewed 19,930 times

  The German government has agreed to a €40bn ($44.38bn) deal to help workers and companies as part of plans to end the use of brown…

• BP Under Fire For “Misleading” Advertisements

  Published 07 December 2019 | viewed 27,173 times

  Yesterday the non-profit group lodged an official complaint under international guidelines regarding the campaign, which is BP’s first in 10 years. The group is backing…

• Why Carbon Capture Is Essential For UK Oil And Gas

  Published 04 December 2019 | viewed 7,646 times

  Trade body Oil and Gas UK’s (OGUK) new Energy Transition Outlook report, published today, finds that the development of carbon capture use, and storage technology…

• Is This The Only Way To Curb Global Warming?

  Published 28 November 2019 | viewed 11,887 times

  A new report from the United Nations environment programme (Unep) finds that on current pledges, the world is heading for a 3.2 degree rise. Although…

• UK Oil Sector To Spend $19 Billion On North Sea Decommissioning

  Published 27 November 2019 | viewed 26,086 times

  The UK oil and gas industry is set to spend more than £15bn on decommissioning activity in the North Sea over the next decade, as…

• Shell's Big Strategy Shift In Egypt

  Published 15 November 2019 | viewed 15,543 times

  Oil supermajor Royal Dutch Shell has appointed investment bank Citi to run the $1 billion (£781.5m) sale of its oil and gas assets in Egypt’s…

• North Korean Hackers Hit Critical Indian Nuclear Plant

  Published 31 October 2019 | viewed 9,390 times

  The Kudankulam nuclear power plant was hacked using malware which is designed to extract data which has been linked to Lazarus Group, which is known…

• Goldman Sachs And Citi To Lead Saudi Aramco IPO

  Published 08 January 2018 | viewed 10,209 times

  U.S. investment banking giants Goldman Sachs and Citi are lined up to lead the initial public offering (IPO) of part of Saudi Aramco, according to reports.  …

• Will Oil And Gold Prices Rise This Year?

  Published 02 January 2018 | viewed 43,162 times

  Crude oil and gold prices both started the year on a firm footing, but are prices going to keep going up in 2018? Here's what…

• UK Smashes 13 Clean Energy Records In 2017

  Published 01 January 2018 | viewed 9,909 times

  You might be feeling a bit blue about returning to work, but the year is closing on more of a green note. It was a…

• Shell’s Latest Acquisition Is Big News For UK Utilities

  Published 25 December 2017 | viewed 10,758 times

  Royal Dutch Shell is preparing to take on the UK's Big Six energy suppliers after it announced today it would buy First Utility, a leading…

• Big Six Energy Firms Criticize UK Price Cap Plans

  Published 23 December 2017 | viewed 5,683 times

  Bosses at the Big Six energy firms today hit back at government plans for caps on energy tariffs, telling MPs the market had become increasingly…

• Richard Branson To Invest In Elon Musk’s Hyperloop One

  Published 12 October 2017 | viewed 6,899 times

  Richard Branson is jumping on the Hyperloop train, the transport concept which could reduce the time it takes to travel between London and Edinburgh to…

• How To Incentivize Purchasing Of Eco-Homes

  Published 04 September 2017 | viewed 3,666 times

  Two seemingly perennial challenges concerning the UK are; the urgent need (and legal obligation) to reduce the country’s carbon emissions by 80 per cent by…