Online search giant Google said on Tuesday it would invest 1 billion euros ($1.2 billion) in Germany through 2030 to expand its datacenter operations and secure renewable power supplies to run them.
read more... 01/09/2021
Oil prices were slightly bullish on Monday, as Hurricane Ida forced several energy companies to begin shutting down production. Nevertheless, worries about pandemic’s impact on demand reduced gains. Consequently, Brent crude increased merely by 1% to $73.41 a barrel.
read more... 31/08/2021
Norway on Friday began to pump natural gas from the third stage of its offshore Troll field, a development that will extend the deposit’s producing lifetime beyond 2050, operator Equinor said on Monday.
read more... 31/08/2021
The European Commission has approved a $6.7bn (€5.7bn) French aid scheme to support renewable power generation from small solar installations located on buildings.
read more... 31/08/2021
The European Union's carbon border tax, to enter into effect in five years, was conceived with the idea of leveling the playing field for European industrial producers and importers who manufacture their goods in much laxer emissions-related regulatory frameworks. But the border tax could have a welcomed side effect for Brussels: it could have a more devastating effect on Russia's economy than sanctions.
read more... 31/08/2021