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10.10.2018 12:20Gulf of Mexico oil production decreases due to Hurricane Michael
More than a third of the oil production in the US Gulf of Mexico has been shut down as a precaution as Hurricane Michael moves through the region, pushing crude prices higher, the Financial Times reports. Hurricane Michael on Tuesday intensified10.10.2018 11:00Innolith announces new battery chemistry expected to be superior to lithium-ion
A team of chemists and engineers at Swiss-German battery start-up Innolith have developed a new battery chemistry they claim is superior to lithium-ion, the Financial Times reports. Innolith, a Basel-based company with a R&D team in Bruchsal,10.10.2018 10:21SSE-Npower deal approved by regulatory authority
The merger between the retail arm of SSE and Npower will proceed after the UK’s competition authority gave its final approval, the Financial Times reports. The decision by the Competition and Markets Authority reiterates its earlier findings,09.10.2018 10:03One Trillion Watts of Renewable Energy Could Be Installed by 2023 Worldwide
According to the latest annual report by the International Energy Agency on renewables forecasts an extra 1.3 terawatts of clean energy could be installed by 2023. Even in its more conservative central forecast, the agency predicts that global renewable08.10.2018 10:58Airbus set to announce its new CEO
Guillaume Faury will replace Tom Enders, who in December said he wouldn’t seek a new mandate when his current term expires next year. The announcement could come as early as Monday. Airbus had said it would seek to name the replacement for04.10.2018 10:39Toyota and SoftBank team up to develop self-driving car services
Toyota Motor and SoftBank Group said they will team up to develop car services that rely on self-driving technology, such as hospital shuttles, as they envision a future in which fewer people drive their own vehicles, Reuters reports. “SoftBank02.10.2018 12:42The Norwegian Statkraft acquires wind development business in Ireland and the UK
Statkraft has acquired the Irish and UK wind development businesses of the Element Power Group. The transaction provides Statkraft with a large onshore wind development pipeline in Ireland and strengthens Statkraft’s position in the UK, the02.10.2018 11:56Shell green lights a new major LNG project in Canada
Royal Dutch Shell said on Tuesday that is moving ahead with a major Canadian liquefied natural gas project, thus ending years of delays and signaling renewed appetite for new LNG export developments, the Wall Street Journal reports. The decision02.10.2018 10:45District heating and hot water prices will increase between 2 and 9 per cent for the different cities of the country
The new gas, district heating and hot water prices are already in force. There will be an increase in Sofia, Plovdiv, Burgas, Pleven, Veliko Tarnovo, Vratsa and Razgrad. No change in the price of heating in Rousse, Pernik, Sliven and Gabrovo is expected,02.10.2018 09:45Bulgargaz and Gazprom Export start talks on natural gas supply clauses
Bulgargaz EAD has initiated a meeting with Gazprom Export, in order to initiate a negotiation procedure to amend the clauses of the Natural Gas Supply Contract, the state-owned company said. The meeting was held on September 28 in St. Petersburg. Bulgargaz01.10.2018 10:13Saudi Arabia has put on hold a $200 billion SoftBank Solar project
Saudi Arabia has put on hold a $200 billion plan with SoftBank Group Corp to build the world’s biggest solar-power-generation project, the Wall Street journal reported on Sunday, citing Saudi government officials. According to the WSJ,27.09.2018 15:33European Parliament will vote on new CO2 targets for cars
MEPs will be voting on a proposal to reduce CO2 emissions from cars and accelerate the roll-out of e-cars in the next week’s plenary vote, according to a press release from the European Parliament. Cars and vans produce about 15% of the
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