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London to host Europe's largest floating solar system

Construction works have been launched for the largest floating solar project in Europe on Queen Elizabeth II reservoir in London, UK.

read more... 17/02/2016

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Daily: Brent losses almost 4 % after top producers deal

Brent oil lost almost 4 percent on Tuesday, slashing early gains after top producers Russia and Saudi Arabia agreed to freeze oil output at near-record levels, the first coordinated move by the world’s two largest producers to counter a decline that has hit economies, markets and companies. Brent fell $1.21 to settle at $32.18 a barrel, after increasing earlier to $35.55. U.S. crude declined 40 cents at $29.04, off the day's peak of $31.53.

read more... 17/02/2016

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EDF to extend the life of four of its UK nuclear power stations by up to seven years

French energy firm EDF plans to prolong the lifespan of four from eight nuclear power plants in the UK.

read more... 16/02/2016

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Italy’s Eni to spend $4 bln on first phase of Zohr gas field in Egypt

Italian energy major Eni has invested $4 billion in the development of the first phase of Egypt's giant offshore Mediterranean gas field, Zohr, comprising the drilling of four wells, according to an Egyptian official.

read more... 16/02/2016

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Royal Dutch Shell achieves BG takeover

Royal Dutch Shell, the Anglo-Dutch giant, became the world's second liquefied natural gas company after completing its $53 billion acquisition of British giant BG Group.

read more... 16/02/2016

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