Latest news
Russia's Rosneft signs agreements to supply gas to Ghana
Rosneft gave Ghana's energy industry a shot in the arm Friday, signing a package of documents to supply natural gas to Ghana National Petroleum Corporation.
read more... 31/05/2018
Germany to compensate utilities for nuclear phaseout losses
The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.
read more... 28/05/2018
Daily (25.05.2018): European carbon prices jumped by 1.8% to new seven-year highs on Thursday
Oil prices declined to largest one-day drop in two weeks on Thursday, on expectations that OPEC could gradually end an output deal due to concerns related to supplies from Venezuela and Iran. Brent crude lost $1.01, or 1.3%, to end at $78.79 a barrel. WTI futures dropped by $1.13, or 1.6%, to close at $70.71 a barrel.
read more... 25/05/2018
Daily (23.05.2018): European carbon prices soared by 2.4% on Tuesday to hit new seven-year peaks
Oil prices were mixed on Tuesday. Brent futures rose close to $80 a barrel level on Tuesday, adding $0.35, or 0.4%, on concerns that decreasing Venezuelan crude output and a potential decline in Iranian exports could further reduce global supply. Brent crude settled at $79.57 a barrel. WTI futures slightly fell due to expectations that OPEC may raise supplies as early as June, to settle at $72.20 a barrel.
read more... 23/05/2018
Al Bahar sets up Dubai solar plant for Caterpillar
UAE-based Al Bahar, a major dealer of Cat machinery, heavy equipment and power systems, has successfully completed the installation of its first solar project at Dubai, UAE for Caterpillar Distribution Services Europe.
read more... 23/05/2018