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
Householders and businesses in the UK might sell their own power within a local electricity network under new smart grid plans.
read more... 08/12/2017
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.
read more... 08/12/2017
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
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