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29.11.2017 09:52Shell returns to pure cash dividend, focus on renewables
Royal Dutch Shell will return to paying pure cash dividends and step up its investment in cleaner energy as it turns a corner after more than two years of cost cuts and disposals prompted by weak oil prices, Reuters reported. Shell Chief28.11.2017 16:48Denmark is moving convincingly on decarbonisation
The International Energy Agency’s (IEA) latest review of Denmark’s energy policies finds it is moving convincingly to meet these world-leading targets. Denmark remains a global leader in decarbonising its economy and is on track to meet28.11.2017 12:48Greek PPC introduces strict criteria for social welfare billing for the wealthy
In an effort curb a spate of cases of wealthy clients enjoying social welfare billing subsidies, the Public Power Corporation (PPC) social welfare billing programme is introducing stricter criteria for the benefit, Greek media in.gr reported. Clients27.11.2017 16:08Total sells two Norwegian oilfields to Statoil for $1.45 billion
French oil and gas major Total said it had agreed to sell its stakes in two Norwegian oilfields to Statoil for $1.45 billion as it reviews its North Sea portfolio after acquiring Denmark’s Maersk Oil in August, Reuters reported. The company24.11.2017 17:44Eni asks for seizure order to be lifted to avoid refinery shutdown
Italy’s Eni has asked a judge to lift a court order seizing measurement devices that is threatening to shut down its refineries in Italy, a spokesman for the oil major said. Measurement devices at Eni’s refineries and oil-product24.11.2017 15:31A Power Plant Is Burning Waste And H&M Clothes Instead of Coal
Burning discarded clothing from retail chain Hennes & Mauritz AB is helping a Swedish power plant replace coal for good, Bloomberg reported. The combined heat and power station in Vasteras, northwest of Stockholm, is converting from23.11.2017 17:41Russia: OPEC deal for cutting production harms the domestic economy
OPEC deal for cutting production harms the domestic economy. This was Russia’s economy minister, Maxim Oreshkin’s comment for Reuters. He said that Russia’s economic growth in October was negatively affected by a global deal between23.11.2017 15:03Elon Musk's Giant Battery Set for Testing in Australia
Billionaire Elon Musk’s giant battery being built in the Australian outback will be energized in coming days and begin testing, indicating Tesla Inc. is on track to meet a 100-day self-imposed deadline to install the system, Bloomberg reported. Tesla22.11.2017 17:57Germany awards further 1 GW of onshore wind capacity
Germany has awarded 1 GW of onshore wind capacity in its third auction this year, the country’s network regulator said, with a further step up in the competitiveness of bids underscoring the pressure on turbine makers. That was also22.11.2017 16:48The Council endorsed the deal on the reform of the EU ETS
The Council endorsed the provisional deal reached between the Estonian presidency and the European Parliament on the reform of the EU emissions trading system (ETS) for the period after 2020, according to a press release by the European Council.21.11.2017 17:42Greek HEDNO planning to replace 7.5 million meters with smart ones
The Hellenic Electricity Distribution Network Operator (HEDNO) is planning to replace 7.5 million outdated electricity meters with smart meters which would allow remote monitoring of power consumption, CEO Nikos Chatziargyriou said. He added that21.11.2017 16:26Russia admitted to having registered radioactive pollution in parts of its territory
Russia admitted to having registered radioactive pollution in parts of its territory at the end of September and the beginning of October and thus confirmed the announcements by several European agencies that monitor radioactivity, BTA informed. In
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