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Corporacion America vends Uruguay wind parks to Spain's Saeta

Argentine holding firm Corporacion America declared on Wednesday it vended two wind parks in the bordering country of Uruguay to Spanish renewable energy producer Saeta Yield for $230 million.

read more... 25/05/2017

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Shell and Exxon may appeal over scheduled Groningen gas production cut

A joint venture between Royal Dutch Shell and Exxon Mobil declare on Wednesday it was thinking about appealing against a Dutch government plan to cut output at the Groningen gas field by 10 percent.

read more... 25/05/2017

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Daily (24.05.2017): EU carbon prices slipped back from a one-month high on Tuesday

Oil futures varied on Tuesday, as oil prices fell earlier in the session following the news highlighting president Donald Trump's plan to sell off half of the United States' petroleum reserves. However, as OPEC's leader, Saudi Arabia, favors extending the output curbs by nine months rather than the initially planned six months, the oil prices increased to settle slightly higher.

read more... 24/05/2017

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Switzerland votes to phase out nuclear in favour of renewables

Switzerland has voted to abandon nuclear power in favour of renewable energy. A decision was taken after a public referendum to adopt an energy plan that will eventually replace all nuclear energy with solar, wind and hydropower generation.

read more... 24/05/2017

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Shell shareholders reject the proposal on emissions target

Royal Dutch Shell shareholders on Tuesday voted 94% against a proposal made by an ecological group requesting the oil company to establish and publish yearly objectives to cut carbon emissions.

read more... 24/05/2017

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