Russian gas giant Gazprom and Chinese state-owned oil company CNPC will work on a new partnership to build underground gas storage (UGS) and gas-fired power generation facilities in three Chinese locations.
read more... 29/06/2016
The United States, Mexico and Canada are set to conclude a new regional deal at the Three Amigos summit in Ottawa this week to produce 50% of their combined electricity by 2025 from clean energy sources, including wind, solar, nuclear and hydropower.
read more... 29/06/2016
French oil giant Total inked a deal with state-owned Qatar Petroleum to create a new company, called the North Oil Company.
read more... 29/06/2016
Crude oil prices rose over 3 percent on Tuesday, with investors buying back into the market after a two-day a two-day rout caused by Britain’s vote to quit the European Union. Brent crude futures advanced 3 percent, or $1.42, to close at $48.58 per barrel. U.S. crude climbed 3.3 percent, or $1.52, to settle at $47.85.
read more... 29/06/2016
The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.
read more... 28/06/2016