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Daily (13.12.2017): European power prices hit contract peaks on Tuesday, after a blast at an Austrian gas hub

Oil prices declined sharply on Tuesday, as traders took profits after prices increased tto a two-year peak on an unscheduled closure of the pipeline that carries the largest North Sea crude oil grade. Brent crude settled down $1.35, or 2.1 percent, at $63.34 a barrel. U.S. crude ended at $57.14 a barrel, or 1.5 percent lower.

read more... 13/12/2017

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South west England will have nuclear contracts valued at £50 billion

Nuclear Industry Association (NIA) considers that over the next 20 years, there will be at least £50 billion nuclear contracts signed in the south west of England.

read more... 11/12/2017

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Russia starts a massive gas project in the Arctic

Russia started its Yamal gas unit, a huge project in one of the most isolated regions in the world, as this is becoming more accessible because of climate change.

read more... 11/12/2017

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China to build the largest floating solar project in the world

A unit of China Three Gorges is constructing the world’s biggest floating solar plant estimated at 1 billion yuan (US$151 million), located in the country’s eastern province of Anhui.

read more... 11/12/2017

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Romania will build a waste petroleum recycling facility

Romanian Green Oil and Lubes firm will have a recycling plant for waste lubricant oil. The $56 million project aims to transform oil waste into base oils so it might be reutilized in the automotive and industrial field. The 73,000 metric-tonne recycling site will be constructed in southern region of Romania, on Danube’s shore.

read more... 08/12/2017

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