EU environment ministers have called for member states and the European Commission to reach net-zero emissions by 2050.
read more... 26/10/2018
The IEA forecasted slower growth in demand for the next year due to geopolitical risks and weaker economy, and thus, Brent crude price edged 0.4% lower at $76.17 a barrel. However, WTI crude price rose by 0.6% to $66.82 a barrel, as U.S. stocks posted the biggest daily decline since 2011.
read more... 25/10/2018
Romanian majority state-owned hydro power producer Hidroelectrica said it has signed a memorandum of cooperation with Austrian utility Verbund Hydro Power.
read more... 25/10/2018
Petróleo Brasileiro (Petrobras) and its partners have commenced production from the eighth platform installed in the Lula field in the BM-S-11 concession located offshore Brazil.
read more... 25/10/2018
The joint project between German E.ON and the Norwegian energy company Equinor completed the installation of wind turbines in record time for the Arkona offshore wind farm located 35 kilometers north of Rugen Island, Germany, E.ON announced Wednesday.
read more... 25/10/2018