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
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
French energy firm EDF plans to prolong the lifespan of four from eight nuclear power plants in the UK.
read more... 16/02/2016
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
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