Latest news
EBRD and EU to offer financial guarantees for renewable energy
The European Bank for Reconstruction and Development (EBRD) has agreed on a new €50m programme of financial guarantees with the European Union (EU) to improve renewable energy development in the EU Neighbourhood regions.
read more... 24/01/2020
Clean power investment 'needs to hit $750bn'
Investment in renewable energy needs to double to almost $750bn from $330bn currently to deploy clean power at the speed needed to achieve sustainable development goals and tackle climate change, according to the International Renewable Energy Agency (IRENA).
read more... 14/01/2020
Norway and Russia to invest in oil and gas project in Siberia
Norwegian state oil company Equinor and Russia's Rosneft will invest in the first stage of the development of North Komsomolskoy, a conventional oil and gas field in western Siberia, it was reported here.
read more... 24/12/2019
Daily (23.12.2019): Brent ends the week 1.4% higher on optimistic expectations for global economy
Oil futures ended lower on Friday, but both benchmarks posted a third consecutive weekly gain, mostly bolstered by easing of U.S.-China trade developments, optimistic expectations for the global economy and OPEC+ decision to deepen production cuts.
read more... 23/12/2019
CIP snaps up 800MW Illinois titan
Copenhagen Infrastructure Partners (CIP) has acquired an up to 800MW onshore wind development in the US state of Illinois from Tri Global Energy for an undisclosed amount.
read more... 19/12/2019