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Romania will build a waste petroleum recycling facility

Romanian Green Oil and Lubes firm will have a recycling plant for waste lubricant oil. The $56 million project aims to transform oil waste into base oils so it might be reutilized in the automotive and industrial field. The 73,000 metric-tonne recycling site will be constructed in southern region of Romania, on Danube’s shore.

read more... 08/12/2017

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Electricity network operators revealed a smart grid plan of £17 billion

Householders and businesses in the UK might sell their own power within a local electricity network under new smart grid plans.

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Daily (08.12.2017): EU carbon prices settled 1.1% higher on Thursday after a week of declines

Oil prices recovered on Thursday after a data report showed a drop in U.S. crude inventories. Brent crude futures settled at $61.20 a barrel, up 98 cents, or 1.6 percent. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures closed at $56.51 a barrel, up 55 cents, or 1 percent up from their last settlement.

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EU power producers promise to become carbon free well before 2050

The industry association Eurelectric, under new leadership since last year, promised to make European electricity production carbon neutral well before 2050.

read more... 07/12/2017

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A MOU to build Israel-Europe gas pipeline was signed on Tuesday

A memorandum of understanding for the construction of a gas pipeline to convey natural gas from Israel to Europe was signed on Tuesday in Greek-administrated Cyprus. 

read more... 07/12/2017

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