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wpd begins construction of Corralnuevo wind farm in Spain

As the fourth project of the Torozos wind cluster, the wind farm will contribute a total of 177MW of clean capacity to the grid.

read more... 19/05/2020

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Consortium of energy giants to build ‘world’s first carbon capture and storage network’

The first phase of the project will see the capture of 1.5 million tonnes of CO2 per year and its permanent storage 2,500 metres below the seabed in the North Sea.

read more... 19/05/2020

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Bulgaria plans state company to manage fuel storage and trade

Bulgaria plans to set up a state-owned company to manage oil and fuel reserves and build petrol filling stations across the Balkan country to boost competition and ensure fair prices for consumers, the government said on Monday.

read more... 19/05/2020

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Coronavirus widens climate rift between European and U.S. oil majors

Europe’s top oil and gas companies have diverted a larger share of their cash to green energy projects since the coronavirus outbreak in a bet the global health crisis will leave a long-term dent in fossil fuel demand, according to a Reuters review of company statements and interviews with executives.

read more... 18/05/2020

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French group Total buys up some assets from Portugal's EDP

French energy group Total (TOTF.PA) said on Monday it had agreed to buy up a large customer portfolio from Energías de Portugal (EDP.LS) and two of EDP’s gas-fired combined cycle power plants, making it a leading player in the Iberian market.

read more... 18/05/2020

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