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Total aims to invest $500 million per year in renewable energy

Total SA intends to invest $500 million a year in green energy, a step by Europe’s second-most important oil and gas firm to grow in biofuels and solar.

read more... 25/09/2015

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Daily: European forward power prices near 12-year low tracking weaker coal, carbon prices

Crude oil prices boosted as much as 1% on Thursday, pushed up by stockpiles draw at the U.S. crude futures delivery hub, although gains were curbed by declining equity prices on Wall Street. U.S. crude rose by 43 cents, or almost 1 percent, to settle at $44.91 a barrel. It jumped 69 cents at the session peak and slipped 77 cents at the low. Brent crude increased by 42 cents, or 0.9 percent, to close at $48.17.

read more... 25/09/2015

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EU approves help for Finland’s first LNG terminal

Finland has obtained approval from the European Commission to offer €23 million (£16.6m) worth of state support for a Liquefied Natural Gas (LNG) terminal.

read more... 24/09/2015

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Daily: UK spot gas rebound on lower imports from Norway, outage at gas terminal

Crude oil markets declined on Wednesday, with WTI crude futures falling 4% after optimistic impact from weaker crude inventories was compensated by a large increase in gasoline, intensifying concerns about robust autumn fuel supplies. Brent crude tumbled $1.33, or 2.7 percent, to settle at $47.75 a barrel. WTI crude shed $1.88, or 4.1 percent, to close at $44.48.

read more... 24/09/2015

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Major companies join alliance searching for 100% green power

Firms counting Goldman Sachs, Walmart and Starbucks joined an alliance on Wednesday that targets to obtain 100 percent of power from renewable sources to fight against climate change.

read more... 24/09/2015

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