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QED Naval and HydroWing have joined forces to buy tidal turbine business Tocardo.
Read More »New EU Tidal Joint Venture Formed with Dutch Acquisition
BP to Sell North Sea Assets to Premier Oil in £475m Deal
It is the latest step in BP’s planned programme of £7.6bn of divestments by the end of 2020.
Read More »Toyota Unveils Plans for Prototype City of the Future in Japan
The Woven City will be located at the base of Mount Fuji and powered by hydrogen fuel cells and solar panels.
Read More »Volkswagen Boosts EV Production Target to 1.5m by 2025
It is set to launch eight new electric or hybrid car models across all of its brands this year. including its new flagship ID.3 EV.
Read More »Gold Is Better Hedge than Oil amid Middle East Crisis
Oil prices had peaked to their highest levels since the assault on two Saudi Arabian production facilities last September.
Read More »Oil Skids 1.5% as Investors Recalibrate Risk of Mideast Disruption
OPEC members pumped 29.50 million barrels per day (bpd) last month.
Read More »Oil Buyers Fear Iraqi Supply Hit in Spill From Iran Crisis
Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.
Read More »3rd South Pars Phases 22-24 Platform Operational
The third offshore platform of phases 22 to 24 of South Pars Gas Field came on stream.
Read More »Norway’s Equinor Targets Near Zero Emissions by 2050
It has also set near term goals to cut emissions in Norway by 40% by 2030 and 70% by 2040.
Read More »Businesses Offered £15m for Sustainable and Efficient Food Production
Projects should also have the potential to improve productivity and contribute to the target of net zero emissions from agriculture by 2040.
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