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Shell, partners OK huge $31 billion LNG Canada project to shorten gas route to Asia
Royal Dutch Shell PLC and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas.
read more... 01/10/2018
EU approves Belgium’s €3.5bn support for offshore wind farms
The Belgium Government’s plans to provide €3.5 million (£3m) of public funding to support three offshore wind farms have been approved by the EU.
read more... 01/10/2018
Daily (28.09.2018): Oil prices recovered on Thursday on worries over global supply
Oil crude prices rose on Thursday, supported by forecasts for a decline in global supply once U.S. sanctions against Iran will become effective in just five weeks. Moreover, the OPEC and Russia seem unlikely to comply with Trump's demands to rise production. Brent crude gained 0.5% trading at $81.72 a barrel. WTI crude was up by 0.8% at $72.12 a barrel.
read more... 28/09/2018
Merkel: Subsidies for electric cars can't last forever
Subsidies to help persuade Germans to buy electric vehicles have helped boost demand but cannot go on forever, Chancellor Angela Merkel said on Thursday, Reuters reports.
read more... 28/09/2018
Renewables hit record 37.1% share of UK generation
Renewable energy hit a record share of generation in the second quarter of 2018, reaching new highs of 31.7%.
read more... 28/09/2018