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China finds huge 1-billion-ton oil reserve in Xinjiang

A new oil field with around 1 billion ton of petroleum was discovered in China's Xinjiang Uighur Autonomous Region.

read more... 06/12/2017

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Russia and Brazil signed nuclear collaboration agreement

Russian nuclear giant Rosatom and Brazilian state firm Eletrobras as well as its subsidiary company Eletronuclear inked a memorandum of understanding (MoU) aiming to boost cooperation in the nuclear energy field.

read more... 01/12/2017

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Russian Novatek and Japanese partner companies agreed on creating LNG hub

Russian company Novatek as well as Japan firms Marubeni and Mitsui O.S.K. Lines inked a trilateral memorandum of understanding (MOU) to open a liquefied natural gas (LNG) hub situated in Russia's Kamchatka region.

read more... 29/11/2017

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Luxembourg to become a European funding center for renewables

At the COP23 summit held in Bonn, Luxembourg’s finance and environment ministers met directors of the European Investment Bank to discuss about the institution of a de-risking mechanism to allow the financial backing of ecologically-friendly projects. Luxembourg is a very small country but releases a big amount of emissions and wants to become less polluting.

read more... 20/11/2017

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Daily (11.10.2017): EU carbon contracts hit the highest level in a month on Tuesday

Oil prices increased on Tuesday after Saudi Arabia declared it would reduce oil exports in November, while a huge amount of U.S. offshore output remained offline.

read more... 11/10/2017

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