Transport and logistics company Maersk decided to sell 100% of its equity of its oil and gas unit, E&P company Maersk Oil & Gas (Maersk Oil), to Total for $7.45 billion. The deal will signify the start of Maersk moving towards its dismembering, which is estimated to be the biggest single transaction.
read more... 21/08/2017
Oil prices increased sharply on Friday, due to a weaker dollar weakened and as U.S. drillers cut rigs, feeding a rally boosted global benchmark Brent crude to a weekly gain, while U.S. crude was almost flat week-on-week.
read more... 21/08/2017
The Czech Republic obtained the EU approval for the plans to develop a network of refueling and recharging stations for low-carbon vehicles, as these are in line with the state aid regulations.
read more... 21/08/2017
Russian State Atomic Energy Corporation Rosatom has been invited to take part in the planning of a nuclear power plant in the Jiangsu province.
read more... 18/08/2017
As stated in a report by the Association of Issuing Bodies (AIB), Europe’s demand for power has rocketed by nearly 39% in comparison to last year. The contributing factor to this rise is the escalation of the number of people that have acquired renewable energy contracts through Guarantees of Origin.
read more... 18/08/2017