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Total will extract gas at Azerbaijani Absheron field in early 2020

Gas extraction on the first gas well of Azerbaijan's Absheron gas field in Caspian Sea will start at the beginning of 2020, as stated by development operator Total at a public hearing on Project’s environmental impact report in Baku on February 20.

read more... 21/02/2018

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Singapore plans to implement a carbon tax from 2019

The Singapore Government has decided to implement a carbon tax from 2019.

read more... 21/02/2018

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EU might double renewables in the energy mix by 2030

The EU might double the volume of green energy in its energy mix, hitting a share of 34% by 2030, according to the International Renewable Energy Agency (IRENA), which mentions that this is possible with current technologies and would need an estimated investment of approximately �62 billion (�54.7 billion) per year.

read more... 21/02/2018

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Daily (21.02.2018): German spot electricity prices fell 4.7% on Tuesday due to a rise in wind power supply

Oil prices fell on Tuesday after a session of profit-taking and due to a stronger dollar. Brent crude lost 42 cents, or 0.6%, to end at $65.25 a barrel. WTI futures closed 1% down at $61.79 per barrel.

read more... 21/02/2018

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Innogy enters Australian solar market with projects totaling 460 MW

German energy company Innogy acquired project rights for two solar power plants in Australia estimated at over 460 megawatts in the context of its green energy extension outside its main European market.

read more... 20/02/2018

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