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Jeremy Cresswell

Oil & Gas

Major prizes in prospect for bold Falklands explorers

Within just days, the semi-submersible, Ocean Guardian, should arrive under tow off the Falkland Islands following an epic journey that started in the Cromarty Firth and which, except for a brief pause at Falmouth to shelter and allow the anchor-handler, Maersk Traveller, to repair a towing cable, was relatively routine.

Oil & Gas

Davy Jones finds gold in locker

A couple of issues ago, Dick Winchester suggested in his Both Barrels column that shale gas could perhaps one day play a major role in satisfying the UK's hunger for energy. After all, he said, if shale gas can work in North America, it can just as easily succeed in Europe.

Oil & Gas

CT claims investment paves the way

MARINE Current Turbines (MCT) has raised £3.5million from an investor group led by Carbon Trust Investments Limited and including Bank Invest, EDF Energy, High Tide and a group of significant private investors. The funding is intended to help MCT in its plans to deploy what it hopes will be the UK's first commercial tidal energy farm in domestic waters within the next two years.

Oil & Gas

Bio-fuel not as green as thought

ETHANOL, which is often promoted as a clean-burning, alternative and renewable fuel capable of partially weaning Euro-motorists and their American counterparts off crude oil-based products such as diesel and petrol, may not be so green after all.