Latest news
Exxon Mobil to invest $10 bln to develop Vaca Muerta shale gas field in Argentina
Exxon Mobil Corp is envisaging investing more than $10 bn in shale projects in Argentina over the next few decades.
read more... 07/06/2016
Offshore wind costs might be decreased within a decade
The costs of offshore wind development might be decreased to under €80/MWh (£61.6/MWh) by 2025.
read more... 07/06/2016
Norway could entirely interdict fossil fuel cars by 2025
Norway will apparently prohibit the sale of new fossil fuel cars by 2025.
read more... 07/06/2016
Daily: WTI crude post the highest level since July 2015 on supply disruptions
Crude oil prices rallied for a third consecutive day on Monday, spurred by attacks on Nigeria’s oil industry and new draws in U.S. crude inventories. July West Texas Intermediate crude boosted $1.07, or 2.2%, to settle at $49.69 a barrel on the New York Mercantile Exchange, the highest level since July 21 of last year. August Brent crude climbed 91 cents, or 1.8%, to settle at $50.55 a barrel on London’s ICE Futures exchange. During the session, it reached $50.83, its highest since November.
read more... 07/06/2016
Dubai to host world’s largest CSP complex by 2030
The Dubai Electricity and Water Authority (DEWA) announced its plans to construct a 1GW concentrated solar power (CSP) complex by 2030.
read more... 06/06/2016