Britain is likely to miss its 2020 European renewable energy goals, as stated in a parliamentary committee report on Friday, setting a poor example for less prosperous nations since the world tries to control global warming.
read more... 12/09/2016
Ukraine has halted gas imports from Poland after a minor incident on a pipeline in western Ukraine, as stated by operator Ukrtransgas on Friday.
read more... 12/09/2016
Crude oil prices lost 4 percent on Friday, paring most of the previous session’s gains as the dollar rose and the U.S. crude inventories draw was seen as a glitch. Brent crude fell $1.98 to close at $48.01 a barrel after an increase of above $50 for the first time in two weeks on Thursday. WTI crude declined down $1.74 to settle at $45.88. However, for the week, Brent contract rose by 2.5 percent and WTI by 3.24 percent.
read more... 12/09/2016
Italy's Eni intends to enlarge its trading office in Singapore since it vends more of its increasing oil and liquefied natural gas production to Asia to satisfy the region's intensifying import necessities, as stated by company officials this week.
read more... 09/09/2016
Denmark’s state-owned fund IFU has decided to offer a €15 million loan to back the construction of LM Wind’s new blade manufacturing plant in Turkey.
read more... 09/09/2016