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EU might turn into global climate leader

The EU can turn its climate leadership into a global competitive advantage by putting innovation at the center of its energy policy, as stated in a report by the Industrial Innovation for Competitiveness (i24c), which declared the Energy Union can make certain Europe is the world leader in the shift to a low carbon economy.

read more... 30/05/2016

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Germany got 100% renewable power for a day

Renewable energy has briefly touched and slightly surpassed 100% on Sunday, marking a milestone for Chancellor Angela Merkel’s “Energiewende” policy to spur renewables while phasing out nuclear and fossil fuels.

read more... 17/05/2016

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RWE stops £1 billion UK onshore wind plans

RWE’s planned onshore wind farms estimated at £1 billion in the UK have either been scrapped or deferred as a result of government policy.

read more... 21/01/2016

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Daily: Brent crude settles up on uncertainty after Saudi king’s death

Brent crude increased on Friday supported by market uncertainty over the future Saudi oil production following the death of King Abdullah bin Abdulaziz, placing renewed focus on the kingdom’s oil policy. Meanwhile, WTI crude declined on signs of supply glut. Brent crude inched up 27 cents to close at $48.79 a barrel, while U.S. crude dropped 72 cents to settle at $45.59.

read more... 26/01/2015

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Statoil manager remains to dividend policy in spite of low oil prices

Norwegian oil and gas producer Statoil will keep on making dividend payments a major priority even if oil prices have decreased more sharply than it anticipated, obliging it to be selective over projects, as stated by its acting chief executive.

read more... 09/01/2015

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