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Vestas plans to expand UK offshore wind manufacturing footprint
Vestas Wind Systems A/S (CPH:VWS) today announced plans to expand its offshore wind manufacturing footprint in the UK, depending on the volume secured in the country's upcoming Contracts for Difference (CfD) fourth allocation round.
read more... 28/04/2021
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BP Plans $1.3 Billion Gas Collection System To Eliminate Flaring
Supermajor BP plans to invest $1.3 billion on constructing a system that would capture and collect natural gas released during oil production in the Permian to eliminate the highly controversial practice of flaring, the Wall Street Journal reports, adding that the company could announce an end to flaring by 2025.
read more... 20/04/2021
Major industry groups urge UK, EU to agree emissions trading link before COP26
A coalition of more than 40 major industry associations from Europe and the UK has urged leaders from both regions to link up their respective emissions trading systems before the COP26 climate summit in November.
read more... 16/04/2021
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IKEA makes first solar park investment in Russia
Ingka Group, the owner of most IKEA stores world-wide, has agreed to buy a 49-percent stake in eight solar parks in Russia from Solar Systems LLC, marking its first investment in renewable energy in the country.
read more... 14/04/2021
Daily (12.04.2021): NBP spot lost 3% on Friday, weighed by a healthy system
Crude oil prices weakened on Friday, weighed by a possible increase in Iranian production and coronavirus concerns. Consequently, Brent oil edged 0.4% lower at $62.95 a barrel and WTI crude slipped by 0.5% to $59.32 a barrel.
read more... 12/04/2021