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Gas Interconnector Greece-Bulgaria receives five submit binding offers

Five binding offers have been submitted on a long-term basis for the binding phase of the market test for the gas interconnector Greece-Bulgaria, the joint venture in charge of the project said in a statement.

read more... 05/12/2016

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Daily: Crude oil records its best week in years after OPEC’s decision to slash output

Crude oil prices surged to the highest level in at least five years on Friday, steadying above $51 a barrel, following OPEC’s decision to slash crude output to control the global oversupply that dragged down prices for more than two years. Front-month Brent crude futures settled the session up at $54.46 a barrel, up 52 cents, 0.96 percent. The contract gained more than 15 percent for the week, its biggest increase since early 2009. U.S. crude ended at $51.68 per barrel, up 62 cents or 1.21 percent and posted its biggest weekly gain since early 2011, with a rise of 12 percent.

read more... 05/12/2016

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Paris, Madrid, Athens and Mexico City will interdict diesel cars by 2025

Leaders of four biggest cities have promised to interdict the use of all diesel vehicles from their roads by 2025.

read more... 05/12/2016

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Eni inks renewables deal with Tunisia

Italian company Eni has inked a cooperation deal on green energy with Tunisia’s state oil firm, Etap.

read more... 05/12/2016

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Dutch government suggests 33% increase in renewables spending for 2017

The Dutch government on Wednesday suggested a 33 percent raise in its budget for green energy projects in 2017, since it tries to catch up after lagging on its 2020 emission reduction goals.

read more... 02/12/2016

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