Total, the French multinational integrated oil and gas company and one of the six “supermajor” oil companies in the world, will buy a 23 percent stake in Tellurian Investments, a private U.S. gas projects operator, for $207 million.
read more... 21/12/2016
Emerging nations have seen solar energy investment raise by 11 times since 2010.
read more... 21/12/2016
Crude oil prices boosted on Tuesday but closed below session highs after Libya unveiled the restarts of pipelines after a two-year blockade that ended earlier this month. Benchmark Brent crude for February delivery rose by 43 cents, or 0.8 percent, to settle at $55.35 a barrel after touching an intraday high of $55.92. U.S. crude futures a gained 1.46 percent to $52.88 a barrel. Libya expects to add 270,000 barrels a day in state production in the next three months.
read more... 21/12/2016
Drax, one time one of the major polluters in Europe, has obtained the permission from the European Commission to convert its third power generating unit to biomass. Currently, Drax produces enough electricity to power more than 3 million households.
read more... 20/12/2016
Belgium is getting €438 million (£363.5m) to back the construction of an offshore wind farm.
read more... 20/12/2016