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One in seven globally would pay more for travel with lower carbon-footprint than airplanes

1 min read

The FINANCIAL -- A new global study by Ipsos, carried out on behalf of the World Economic Forum, on the topic of air travel environmental impact, shows the following:…

U.S. renewable electricity generation has doubled since 2008

1 min read

The FINANCIAL -- Renewable generation provided a new record of 742 million megawatthours (MWh) of electricity in 2018, nearly double the 382 million MWh produced in 2008. Renewables provided 17.6% of electricity generation in the United States in 2018.Nearly 90% of the increase in U.S. renewable electricity between 2008 and 2018 came from wind and solar…

Nurek Hydro Power Plant Will be Rehabilitated by World Banks Support

2 mins read

The FINANCIAL -- The first phase of the Nurek Rehabilitation Project, co-financed by the World Bank, was officially launched today by the President of the Republic of Tajikistan, Emomali Rahmon, and the World Bank’s Director of Strategy and Operations for Europe and Central Asia, Mariam Sherman. Key representatives from the Government of Tajikistan, the World…

Energy for transport: 7.6% from renewable sources

1 min read

The FINANCIAL -- The share of energy from renewable sources used for transport in the European Union (EU) stood at 7.6 % in 2017, compared with 3.1 % in 2007.…

Share of renewable energy in the EU up to 17.5% in 2017

1 min read

The FINANCIAL -- In 2017, the share of energy from renewable sources in gross final consumption of energy, in the European Union (EU), reached 17.5%, up from 17.0% in 2016 and more than double the share in 2004 (8.5%), the first year for which the data are available.…

blog.al.com

Chevron Announces $20 Billion Capital and Exploratory Budget for 2019

1 min read

The FINANCIAL -- Chevron Corporation announced a 2019 organic capital and exploratory spending program of $20 billion.…

saudiaramco.com

Saudi Aramco Builds a Sustainable Global Energy Hub from the Ground Up

3 mins read

The FINANCIAL -- As a business strategy, localization can be right on the money, delivering reliability plus cost and time efficiencies to the bottom line.…

Total Launches a Pioneering Line of Fluids for Electric and Hybrid Vehicles

1 min read

The FINANCIAL -- Total is consolidating its position as key player in electric mobility by launching an innovative line of fluids for electric and hybrid vehicles.…

Total Corbion PLA Starts-up its 75,000 Tonnes per Year Bioplastics Plant

1 min read

The FINANCIAL -- Total Corbion PLA, a 50/50 joint venture between Total and Corbion, announces the start-up of its 75,000 tonnes per year PLA (Poly Lactic Acid) bioplastics plant in Rayong, Thailand.…

Total Announces Third 2018 Interim Dividend

1 min read

The FINANCIAL -- In accordance with the Board of Directors decision of February 7, 2018 regarding the 2018-20 shareholder return policy, the third 2018 interim dividend is set at 0.64 euro per share, an increase of 3.2% compared to the three interim dividends and the final dividend paid for the 2017 fiscal year. This interim…

Shell Agrees to Sell Upstream Interests in Denmark to Noreco for $1.9 Billion

1 min read

The FINANCIAL -- The sale is subject to regulatory approval and expected to be completed in 2019. The transaction’s effective date is 1 January 2017.…

Total Joins Forces With Indian Private Adani Group to Expand in Natural Gas And Fuel Retail Activities in India

1 min read

The FINANCIAL -- Total and Adani Group have signed an agreement to jointly develop multi energy offers to the Indian energy market. This cooperation includes Liquefied Natural Gas (LNG) and Fuel Retail.…

Eni Announced Successful Drilling of Cape Vulture Appraisal Well in the Norwegian Sea

1 min read

The FINANCIAL -- Eni announces the successful drilling of Cape Vulture appraisal well in the license PL128/PL128D, located about 7 km north of the Norne FPSO in the northern part of the Norwegian Sea, 180 km from the coast and 3.5 km north of the discovery well.…

BP and Aker BP Form Strategic Technology Venture Alliance

1 min read

The FINANCIAL -- BP announced that it has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses.…

Shell completes sale of its Downstream business in Argentina to Raízen

1 min read

The FINANCIAL -- The sale includes the Buenos Aires Refinery, around 665 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply and distribution activities in the country.…

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