1) European oil giants surrender Greenland drilling licenses
Statoil, GDF Suez and Dong have all announced that they’re to give up on drilling for oil in Western Greenland, saying it’s too expensive and risky, according to reports from the Danish press.
GDF Suez looks like it won’t ever be going back to drill in the Arctic or thereabouts, but Statoil and Dong still have licenses for East Greenland which they haven’t yet given up.
This unprecedented move (three at once) follows Scottish Cairn Energy closing its Greenland office, though it still has license to drill.
The still-crashing oil price has made expensive unconventional operations like Arctic exploration increasingly unattractive, Businessweek says we’re headed for $40 a barrel— and there’s no real sign that it’s going to stop there.
2) Scotland free from new fracking rules
The infrastructure bill going through Westminster will enable fracking companies to drill for shale without the say-so of land or home owner, but it won’t apply in Scotland, according to the BBC.
What to do about fracking looks to become the first major power devolved to the Scottish Parliament since last year’s referendum.
Also in fracking news, infamous US drilling giant Halliburton is looking to join Third Energy shale extraction operations in Yorkshire, reports the Guardian.
3) Fight over UK energy bills as poor are the worst hit
Britain’s poorest have seen their energy bills rise by twice as much as the rest of the country, reports the Independent.
This is the foundation of today’s Labour initiative to fast-track fresh powers for regulator Ofgem — so consumers can see the benefits of low wholesale prices.
Chancellor George Osborne has claimed the cost of living crisis is now ending but has also been accused by Ed Davey of ‘damaging’ the energy sector.
Elsewhere in UK energy, the Telegraph reports the government will in charge of cleaning up nuclear decommissioning site Sellafield after the private sector found it too difficult.
4) US to export oil as Obama plans next emissions legislation
Meanwhile, as the Senate looks set to debate whether man-made climate change is actually a thing, President Obama wants to tackle methane emissions in his next environmentally themed executive action, reports the New York Times.
In other news
Billions may be being wasted on ‘green’ biomass boilers that won’t help the UK meet clean energy targets, writes the Guardian.
Following its latest solar investment, Google’s clean energy capacity passes 2.5GW,reports Business Green.
A hydrogen-powered Honda car has been revealed, reports the New York Times.
France’s energy minister says the country needs new nuclear, reports Bloomberg.
Here are five innovations that could cut the cost of offshore wind, from the Carbon Brief.
And RWE has its eyes on a new super-large wind turbine for its revived Galloper farm, reports Business Green.