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EC consents €9.4 billion for Polish renewables

The European Commission (EC) decided to offer 40 billion Poland Zloty (approximately €9.4 billion) for a Polish renewable energy support scheme.

read more... 14/12/2017

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Daily (14.12.2017): Oil prices fell 1% on Wednesday due to a continued increase in US crude production

Oil prices slumped for a second consecutive day on Wednesday, as a decline in U.S. crude stockpiles was counterbalanced by a larger-than-forecast increase in gasoline inventories and as U.S. crude production continued to grow to record peaks. Brent crude ended down 1.4 percent, or 90 cents, at $62.44 a barrel. U.S. West Texas Intermediate crude settled down 54 cents at $56.60 a barrel, a 1 percent decline.

read more... 14/12/2017

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Italy declares state of emergency following a gas blast in Austria

After an explosion at a main gas hub near Vienna, Europe might deal with gas shortages.

read more... 13/12/2017

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Scottish renewables company obtains approval for whisky fuel plant

A company has obtained the green light to build a new plant at Scotland’s oil port of Grangemouth to make a petrol replacement from whisky residue. Falkirk Council offered Celtic Renewables an approval to construct a commercial demonstrator plant, which will annually generate over half a million liters of biofuel.

read more... 13/12/2017

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ENGIE aims to switch to 100% green gas by 2050

French energy firm ENGIE revealed its plans to get rid of natural gas by 2050.

read more... 13/12/2017

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