The deal is intended as an end-run around Russia’s ability to choke off European energy supplies that are shipped via pipelin.
Read More »Russia not Afraid of the Big Bad Oil Bear Market
Moscow considers $60 per barrel a reasonable price. as at this level Russia can invest in new projects.
Read More »Coal’s Share of UK Power Generation Drops to Record Low of 0.7%
New statistics published by the government shows this is a record 63% lower than the same period in 2018.
Read More »Iran. EAEU to Open Joint Free Trade Zone in Late October
Iran’s Ambassador to Russia and chief of the EEC. in a meeting in Moscow. exchanged documents to finalize an agreement between Tehran and the EAEU to form a free trade zone and offer preferential tariffs since October 27.
Read More »Statkraft and BayWa Team Up for Second Subsidy-Free Solar Plant in Spain
The new 50MW plant will generate enough electricity to power around 30.000 Spanish households a year.
Read More »Iceland Recycles a Million Plastic Bottles in Deposit Return Scheme
Two thirds of customers used the reverse vending machines at least once a fortnight over the last year.
Read More »Romania. among the Least Dependent Country on Oil Imports in the EU
The EU Member State with the highest oil import dependency rate in 2017 was Estonia (115%).
Read More »Scotland Awards £3.4m for World’s Most Powerful Tidal Turbine
The O2 2MW Floating Tidal Energy Turbine’s rotors can be turned 360° to allow power to be extracted from both directions.
Read More »UK Doubles Aid to £1.44bn to Support Developing Countries
Existing Green Climate Fund projects are estimated to help around 300m people cope with the effects of climate change.
Read More »Petrofac Wins Decommissioning Work at Two North Sea Fields
Petrofac has been handed a decommissioning contract for wells at two fields in the central North Sea.
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