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Russian Oil Companies Plan Significant Drilling Cuts For 2021
Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent, according to the chief executive of a major oilfield service provider.
read more... 16/10/2020
Daily (15.10.2020): Crude oil prices rose by 2% on Wednesday driven by a weaker US dollar
Crude oil saw a second session of rising prices supported by a slight decline in the US dollar. Both Brent and WTI crude climbed by 2.1% to trade at $43.32 and $41.04 a barrel respectively.
read more... 15/10/2020
Global CO2 emissions show biggest ever drop in first half of 2020
Global carbon dioxide emissions fell by 8.8% in the first six months of this year, the biggest drop for a first half-year period, due to the effects of coronavius-related restrictions, a study showed on Wednesday.
read more... 15/10/2020
UK companies call on government to support nuclear in COVID recovery
Nuclear - including advanced and small modular reactors - can play a positive role in helping to rebuild the post-COVID economy while also helping combat climate change, Urenco and U-Battery Ltd have said in a submission to the UK Business, Energy and Industrial Strategy (BEIS) Select Committee inquiry on post-pandemic economic growth.
read more... 15/10/2020
Swiss-based MET Group acquires 42 MW wind park in Bulgaria
Switzerland-headquartered energy company MET Group said on Wednesday it acquired a 42 MW wind park in Bulgaria, near the town of Kavarna, from Enel Green Power, the renewable energy arm of Italy's Enel Group.
read more... 15/10/2020