Oil prices could stay at higher levels in the years to come as demand rebounds while supply remains tight, according to Goldman Sachs’ head of energy research. Damien Courvalin, who is also a senior commodity strategist, said the market fundamentals warrant higher prices and that the bank’s forecast for Brent crude is $85 per barrel
When The Charlatans frontman Tim Burgess was spending time looking through the band’s back catalogue for ideas to mark their 30th anniversary, a gem was unearthed in the unlikely setting of his mum’s CD collection. Sandwiched somewhere between Queen’s A Kind Of Magic and Abba’s Arrival, Burgess found a long-forgotten Charlatans demo, created around the
The killings of five people in Norway by a man armed with a bow and arrows “appears to be an act of terrorism”, the country’s security agency has said. Four women and one man were killed during the rampage in Kongsberg, with a police officer among others left injured. A statement issued by PST, Norway’s
Pure Gym, Britain’s biggest health and fitness club chain, is close to abandoning a £1.5bn stock market listing amid growing signs of jitters among investors. Sky News has learnt that Pure Gym, which is majority-owned by the private equity firm Leonard Green & Partners, could decide as soon as this week to shelve its proposed
In this article FB Olivier Douliery | AFP | Getty Images LONDON — A second Facebook whistleblower has agreed to testify in U.K. Parliament. Sophie Zhang, a former data scientist at Facebook, says she was fired by the company after highlighting its alleged failure to combat election interference in Honduras and various other countries. At
Mars is quite similar to Earth, as per a NASA scientist. In a video interview, astrobiologoist Dr. Becky McCauley Rench said that the Red Planet wasn’t as dry always, as we see it today. As per NASA’s own website, “Mars, like Earth, has seasons, polar ice caps, volcanoes, canyons, and weather.” Signs of ancient floods
The suspect in the Norway bow and arrow rampage which left five people dead had been flagged for possible signs of radicalisation, police have said. Officers had been worried about signs the man, who is a Muslim convert, may have been radicalised, police chief Ole Bredrup Saeverud said at a news conference. The 37-year-old Danish
The government is expected to back down today in a row over visas for foreign butchers to prevent a mass cull of British pigs. A shortage of butchers at industrial slaughterhouses has left farmers with too many pigs on their farms, leading to warnings that 10,000 pigs a week could have to be destroyed. It
A team of researchers at the California Institute of Technology (Caltech) have come up with a bipedal robot that performs the twin function of walking and flying. The team claims that their latest creation is not just agile but also capable of complex movements. Named Leonardo, the part-walking robot, part-flying drone is built in such
Having made a career out of playing an explorer of the cosmos, William Shatner – Captain James Kirk of Star Trek fame – did it for real on Wednesday, becoming at age 90 the oldest person in space aboard a rocketship flown by billionaire Jeff Bezos’s company Blue Origin, an experience the actor called profound. Shatner
With the COP26 conference in Glasgow coming up soon, many climate and environmental groups are urging nations to accelerate the transition to renewable energy. A new report from Wärtsilä entitled Front Loading New Zero argues that nations can adopt 100% renewable systems faster than currently planned. It says significant cost reductions can be achieved by
The world is going through historic transitions, a global shift of energy, transportation, and consumption that will impact every aspect of our lives, but is that not the norm and could we learn from De Nederlandse aardgastransiti (“the Netherlands natural gas transition“) in the 1960s? De Nederlandse aardgastransitie Humanity has not always used petroleum, natural
The chancellor has appeared to rule out helping businesses with soaring gas prices, saying “it’s not the government’s job” to manage the costs of individual products. Asked if he would accept some companies going out of business, Rishi Sunak said he “believes in a market economy”. He said the government has been working “very constructively”
Do you plug your car in as soon as you get home from work at the end of the day? Raise your hand. (I just asked my husband to raise his hand.) OK, we have to stop doing that, because it’s peak period – which means a higher electric bill. More than a quarter –
In this article TTE-FR Vapor rises from the cooling towers of the Turow coal powered power plant, operated by PGE SA, in Bogatynia, Poland. Bloomberg | Bloomberg | Getty Images Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and
GP surgeries will be named and shamed in league tables aimed at improving patients’ access to face-to-face appointments. Practices which fail to provide an “appropriate” level of appointments in person will not be eligible for new NHS funding worth £250m. As part of a new package of measures to improve access, patients will also be