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BP inaugurates UK’s largest public rapid charging hub

BP inaugurates UK’s largest public rapid charging hub

March 19, 2019 No Comments

The country’s largest universal rapid charging hub for electric vehicles has been inaugurated by Milton Keynes council and BP Chargemaster, which is operating the hub on Polar, the largest public charging network in the UK. The hub is located within a minute’s drive of the M1, just off junction 14 at Milton Keynes Coachway. Milton […]

INEOS to invest £1 Billion in UK

INEOS to invest £1 Billion in UK

March 19, 2019 No Comments

INEOS is to invest £1 billion in the UK in multiple projects designed to ensure its British assets stay world class for a generation. The biggest investment being announced is in the Forties Pipeline System (FPS). This £500 million investment will transform the asset and extend the life of the pipeline by at least twenty […]

Subsea 7 Wins offshore UK contract

Subsea 7 Wins offshore UK contract

February 28, 2019 No Comments

Subsea 7 S.A. announced the award of a substantial contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets West of Shetland and Northern North Sea. Under the terms of the five year agreement, i-Tech Services will provide a Life of Field […]

Green taxis to benefit from new chargepoints in United Kingdom

Green taxis to benefit from new chargepoints in United Kingdom

February 6, 2019 No Comments

The UK government has awarded more than £6 million to support ultra-low emission taxis right across the country, furthering its ambition for a zero emission future. Announced at the Smart Transport conference by the Future of Mobility Minister, the funding will see almost 300 rapid chargepoints and 46 fast chargepoints installed for ultra-low emission taxis […]

U.K Government to support advanced trials of automated vehicles.

U.K Government to support advanced trials of automated vehicles.

February 6, 2019 No Comments

In a strong signal of support for the UK automotive and technology industries, the government has announced today (6 February 2019) that a process is being developed to support the advanced trials of automated vehicles. Advanced trials will not be supported unless they have passed rigorous safety assessments. In response to feedback from industry, the […]

CNOOC Announce a New Discovery in UK North Sea

CNOOC Announce a New Discovery in UK North Sea

February 4, 2019 No Comments

CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced a new discovery on the Glengorm prospect, located in offshore UK Central North Sea. The Glengorm discovery is located in License P2215 with a water depth of approximately 86 meters. The exploration well Glengorm was drilled to a total depth of 5,056 meters and […]

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UK car production falls by 9.1%

UK car production falls by 9.1%

January 31, 2019 No Comments

UK Automotive on red alert as ‘no deal’ threat sees manufacturing and investment plummet UK automotive companies are today urging all politicians to do whatever it takes to avoid a ‘no deal’ Brexit as latest figures from the Society of Motor Manufacturers and Traders (SMMT) show British car production fell to its lowest level for […]

Equinor completes acquisition of Rosebank project

Equinor completes acquisition of Rosebank project

January 11, 2019 No Comments

Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of the UK Continental Shelf. Rosebank further strengthens Equinor’s UK upstream portfolio which includes the Mariner development, expected to start commercial production during the first half […]

Economy Energy collapse

Economy Energy collapse

January 8, 2019 No Comments

Coventry-based Economy Energy has ceased to trade. Economy Energy, a gas and electricity supplier had circa 235,000 customers in the UK. Ofgem, the UK energy regulator, is appointing a new supplier for its customers and advises that existing customers need not worry as their supplies are secure and credit balances are protected. Ofgem’s advice is […]

Medco in takeover talks with Ophir Energy

Medco in takeover talks with Ophir Energy

January 2, 2019 No Comments

Further to the share price movement in Ophir, the Boards of Ophir and Medco confirm they are in discussions about a possible cash offer to be made by Medco for the entire issued and to be issued share capital of Ophir website reported. This announcement does not amount to a firm intention to make an […]

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