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French Total inks 10-year supply agreement with China’s ENN

French oil and gas giant Total has inked a binding Heads of Agreement with ENN LNG Trading for the delivery of 500,000 tonnes per year of liquefied natural gas (LNG) for a period of 10 years.

read more... 04/02/2016

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Veolia acquires nuclear waste clean-up company for $350m

Veolia has made known about the purchase of a nuclear waste clean-up company for $350 million (£245m).

read more... 04/02/2016

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Daily: Oil crude soars 8% on depreciating dollar

Crude oil prices hiked 8 percent on Wednesday, snapping two days of declines, after investors took advantage of a depreciating U.S. dollar, dragged down by data showing a surprisingly increase in U.S. crude stockpiles to record highs. WTI crude posted one its biggest gains in five months, boosting $2.40, or 8 percent, to settle at $32.28. Brent futures soared $2.32, or 7.1 percent, to close at $35.04 a barrel, after increasing as high as $35.11.

read more... 04/02/2016

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Oil futures rise, reversing earlier declines but oversupply weighs

Oil futures increased in late Asian trade on Wednesday after spending most of the session in negative area since U.S. crude stocks last week rose to over half-a-billion barrels and as Iran intends to boost exports from March.

read more... 03/02/2016

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Germany – European leader in offshore wind energy expansion

Germany has surpassed the UK in the pace at which it is installing wind turbines at sea, as indicated by industry figures.

read more... 03/02/2016

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