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ExxonMobil focused on core oil and gas as renewable returns too weak: official

ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said Sept. 30.

read more... 01/10/2020

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Westinghouse signs expanded Ukraine nuclear fuel deal

The new contract, signed with the National Nuclear Energy Generating Company Energoatom, adds two VVER-440 reactors at the Rivne nuclear power plant

read more... 01/10/2020

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UK renewables hit 44.6% Q2 share while other sources suffer

Renewables in the UK reached a share of 44.6% in second-quarter power generation, the second highest on record, while all other sources produced less electricity amid low demand.

read more... 01/10/2020

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EU sees red over China’s polluting coal plants in Southeast Europe

Chinese state-owned enterprises (SOEs) have been investing in coal plants, heavy industries in Southeast Europe at a time when Chinese President Xi Jingping promised during a recent speech to the UN Assembly that China will aim to hit peak emissions before 2030 and for carbon neutrality by 2060.

read more... 30/09/2020

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Pompeo: the US seeks to reduce Europe’s dependence on Russia

The Secretary of state said that Washington not only opposes the “Nord stream-2” gas pipeline but also expands opportunities for delivering LNG to Europe.

read more... 30/09/2020

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