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Oil & gas agreements hit five-year low in 2017
The volume of global oil and gas agreements reached a five-year low in 2017, according to a new report from business services firm EY, which declared that the total value of global transactions declined to $343 billion (£247 billion) from $390 billion (£281 billion) in 2016.
read more... 14/02/2018
EU wind power investments fell 19% due to reduced costs
Investments in new wind energy capacity in Europe dropped to €22.3 billion (£19.8bn) in 2017, or a 19% decline from 2016 as the sector saw lower costs, according to the latest data from WindEurope.
read more... 14/02/2018
Daily (14.02.2018): EU carbon prices soared by around 5% on Tuesday to reach fresh six-year peaks
Oil prices rose insignificantly on Tuesday after weaker dollar rebounded from an early fall as the International Energy Agency predicted that supply might surpass demand. Brent futures increased 13 cents, or 0.2 percent, to end at $62.72 a barrel. WTI crude slipped following U.S. crude inventories data, closing 0.2% down at $59.19 per barrel.
read more... 14/02/2018
Total wind power capacity worldwide hit 539 GW in 2017
The total capacity of all wind turbines installed worldwide reached 539,291 megawatts (MW) by the end of 2017, as state in the World Wind Energy Association (WWEA) report.
read more... 13/02/2018
Carbon capture cooperation between Europe and China
Chinese and European energy and research organizations initiated a common project to generate power without emitting carbon dioxide.
read more... 13/02/2018