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Eni inks renewables deal with Tunisia
Italian company Eni has inked a cooperation deal on green energy with Tunisia’s state oil firm, Etap.
read more... 05/12/2016
Dutch government suggests 33% increase in renewables spending for 2017
The Dutch government on Wednesday suggested a 33 percent raise in its budget for green energy projects in 2017, since it tries to catch up after lagging on its 2020 emission reduction goals.
read more... 02/12/2016
BP gives the go-ahead for the $9bn Mad Dog 2 oil project in the Gulf of Mexico
BP has given the go-ahead for the $9bn Mad Dog 2 oil project in the US Gulf of Mexico despite a slump in oil prices.
read more... 02/12/2016
UK: British Gas and E.ON will freeze energy prices this winter
Centrica possessed British Gas and E.ON, two of Britain's "big six" providers, have frozen their standard energy prices this winter, adding to pressure on competitors to do the same.
read more... 02/12/2016
Daily: Brent rockets over 6% after OPEC output deal
Crude oil prices soared 5 percent on Thursday, with Brent crude at its highest level in about 16 months, prolonging gains after OPEC and Russia agreed to reduce output to fight against the global oversupply. Benchmark Brent futures rallied 6.88 percent or $3.47 higher at $53.94. Earlier in the session, prices climbed at $54.53 a barrel, the highest level since July 27, 2015. U.S. crude closed the session at $51.06, up $1.62 or 3.3 percent on the day. Its session high was $51.80 a barrel, 13 cents below its 2016 high.
read more... 02/12/2016