Saudi Aramco IPO attracts 4.2m investors
Industry
Saudi Aramco’s initial public offering (IPO) is due to be marginally oversubscribed with 4.2 million investors applying to buy shares
Archive for November 2019
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Croatia aims to boost renewables to 36% by 2030
Environment
Croatia is looking to increase its share of renewable energy to 36.4 per cent by 2030. The consultancy GlobalData said
6,000 Irish EV drivers register for toll discount
Storage
Over 6,000 residents of the Irish Republic have registered electric vehicles for reduced toll charges. The scheme was launched in
Floating tidal project awards blades contract
Environment
Scotland’s Orbital Marine Power, a developer of floating tidal stream turbines, has awarded the composite blades contract for the company’s
EU to lead world in clean hydrogen: Timmermans
Transmission
Hydrogen produced by renewable sources could be key to the European Union’s energy transition, according to European Commission Vice President
Energy frustrations and hopes fuel Middle East protests
Opinion
The street demonstrations in Iran, Iraq, and Lebanon have flown somewhat under the radar in the Western press. Perhaps this
Mitsubishi beats Shell in bid for Dutch renewables firm
Industry
A group led by Japanese industrial giant Mitsubishi is due to buy the Dutch energy firm Eneco for €4.1 billion.
Global coal use sees record drop: report
Consumption
Electricity produced from coal-fired power stations is set to fall by around 3 per cent during 2019, according to a
Greenhouse gases hit record levels: report
Environment
Atmospheric greenhouse gas levels reached a record high last year, according to the World Meteorological Organisation (the WMO). Carbon dioxide
French EDF’s green arm invests in Egyptian solar
Consumption
France’s EDF Renewables will acquire a stake in the Egyptian solar company KarmSolar in a reserved capital increase. KarmSolar, as
New Poland govt distances itself from coal
Environment
Poland’s re-elected prime minister, Mateusz Morawiecki, could be moving to weaken the Central European country’s reliance on coal. Morawiecki’s opening
Egypt signs deals to import Israeli gas
Policy
Egypt has signed two deals worth a combined US$430 million with US-based Noble Energy to send gas through the East
French minister mocks US weakness in Gulf
Production
The French defence minister, Florence Parly, has criticised the US over the “unanswered” attacks on Persian Gulf oil supplies. Parly
Spain boosts renewables subsidies
Policy
Spain has offered incentives to renewable energy investors to abandon almost €10 billion worth of lawsuits against the government, according
UN calls for cap on fossil-fuel extraction
Environment
A United Nations study says major fossil-fuel producing countries plan to extract more coal, oil and gas than can be