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Rosneft and Vitol strike first major oil trading deal since 2013
Trading firm Vitol has started taking delivery of oil from Russia's top producer Rosneft under a new long-term supply deal as the two companies deepen their cooperation, four industry sources told Reuters.
read more... 06/10/2021
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UNEP, IEA and Italy launch new initiative on power system modernisation
A new initiative aimed at accelerating progress on power system modernisation and the effective utilisation of demand-side resources has been launched.
read more... 05/10/2021
BP, Eni seek to raise $2 bln for Angola joint venture
BP and Eni are seeking to raise up to $2 billion for their emerging oil and gas joint venture in Angola as they look to reduce debt to help build up renewables businesses, banking and industry sources said.
read more... 04/10/2021
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Lightsource bp banks $1.8bn for 25GW of solar power by 2025
Lightsource bp has announced plans to further accelerate its growth with a target for 25GW of solar developments by 2025.
read more... 21/09/2021
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Czech lawmakers approve nuclear support
The Czech Republic's support framework for nuclear investment has been approved by the lower house of parliament. The Low Carbon Act should come into effect from 1 January 2022, the energy ministry said. "Currently, there are no market incentives for investment in new nuclear or other emission-free energy sources," noted Tomáš Ehler, the deputy minister of industry and trade, saying, "These market failures have been confirmed by the European Commission itself.
read more... 20/09/2021