Latest news

Swiss plan hydropower reserves, back-up plants to ensure lights stay on

Switzerland plans new hydropower reserves and two or three back-up power plants after officials warned the country would be without power for nearly two days in a worst-case scenario if it does not strike an electricity deal with the EU.

read more... 18/02/2022

news

Nations strike deal on international carbon markets at Glasgow summit

Negotiators from almost 200 governments have reached a final deal on the rules governing the international trade of emissions reduction units after six years of haggling that had held up the Paris Agreement rulebook.

read more... 15/11/2021

news

Rosneft and Vitol strike first major oil trading deal since 2013

Trading firm Vitol has started taking delivery of oil from Russia's top producer Rosneft under a new long-term supply deal as the two companies deepen their cooperation, four industry sources told Reuters.

read more... 06/10/2021

news

Strikes over nuclear reform plan reduce French power generation

The Penly 1 reactor is operating at limited capacity due to the strike, down 1,070 megawatts (MW) to 260 MW. The drop in production is expected to continue until the end of the strike Thursday evening, the data showed

read more... 10/12/2020

news

Eni strikes deals to reopen Egypt's Damietta LNG plant

Eni said in a statement on Tuesday that the new agreements would pave the way for the liquefied natural gas (LNG) plant in the port city of Damietta to restart operations by the first quarter of next year

read more... 02/12/2020

news