energy

Britain’s FTSE falls as energy stocks, miners stumble

Britain’s FTSE falls as energy stocks, miners stumble By Reuters Published: 05:34 EDT, 29 August 2018 | Updated: 05:34 EDT, 29 August 2018 By Kit Rees LONDON, Aug 29 (Reuters) – The UK’s top share index dipped on Wednesday, weighed down by commodities-related stocks as optimism over progress in global trade relationships has largely fizzled out. The blue chip FTSE 100 index was down 0.4 percent at 7,587.75 points terms by 0900 GMT. The FTSE index underperformed broadly flat European…

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Energy Storage Systems Market Demonstrates a Spectacular Growth by 2025

Energy Storage Systems Market Demonstrates a Spectacular Growth by 2025 | Samsung SDI, General Electric Company, SaftGroupe, Tesla Aug 14, 2018 (AB Digital via COMTEX) —  The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are LG Chem, ABB, GS Yuasa Corporation, Samsung SDI, General Electric Company, SaftGroupe S.A, Tesla, Inc, Evapco, Inc, Calmac, Baltimore Aircoil Company, Inc, BYD…

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Russia loses WTO claims against EU energy policy — EUbusiness.com

(GENEVA) – Russia lost most of its claims against EU energy policy measures at the World Trade Organisation Friday, over alleged incompatibility of the EU’s third energy package with the multilateral trade rules. In its finding, the WTO panel found no basis to the claim by the Russian Federation concerning the alleged EU discrimination in its “Third Energy Package” against Russian pipeline transport services, service suppliers, or against Russian natural gas. The Third Energy Package consists of EU legislation for…

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Energy execs lament Trump tariffs as costs rise on…

Energy execs lament Trump tariffs as costs rise on pipeline projects By Reuters Published: 15:03 EDT, 10 August 2018 | Updated: 15:03 EDT, 10 August 2018 By Collin Eaton HOUSTON, Aug 10 (Reuters) – U.S. President Donald Trump’s proposal to double tariffs on steel and aluminum from Turkey could push up costs even further for domestic oil and gas pipeline projects, as energy executives said they were already struggling from earlier tariff rises. There are more than a dozen U.S.…

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Starwood to buy a part of GE Capital’s energy finance…

Starwood to buy a part of GE Capital’s energy finance business for $2.56 bln By Reuters Published: 07:43 EDT, 8 August 2018 | Updated: 10:13 EDT, 8 August 2018 Aug 8 (Reuters) – Starwood Property Trust Inc said on Wednesday it will buy a part of GE Capital’s energy finance business for $2.56 billion, as part of a plan to shrink itself into a smaller, more focused business. The 126-year-old industrial conglomerate has been divesting assets worth billions from its…

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Fairtrade renewable energy: shedding light on clean energy’s dirty secret

The world is coming together on renewable energy. Trust in technology such as solar and wind power generation is increasingly reflected in the investment it receives from governments around the globe. In the UK, fairness to the consumer and affordability are at centre stage as the country look to eradicate fuel poverty on the road to a zero-carbon future. The Scottish government is considering a not-for-profit energy utility to compensate the consumer by reducing the amount of energy trading in…

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Business pushing states to agree on energy

Business pushing states to agree on energy By Australian Associated Press Published: 22:41 EDT, 4 August 2018 | Updated: 22:41 EDT, 4 August 2018 The Business Council of Australia has called on Australia to end a decade of dysfunction on energy policy by backing the Turnbull government’s plan to cut power prices. BCA chief executive Jennifer Westacott made the plea to state and territory governments ahead of Friday’s meeting with federal Energy Minister Josh Frydenberg. She said Australia was seen…

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Power and energy tops M&A scoreboard in H1 in clean…

Power and energy tops M&A scoreboard in H1 in clean energy drive -data By Reuters Published: 06:26 EDT, 3 July 2018 | Updated: 06:26 EDT, 3 July 2018 By Clara Denina LONDON, July 3 (Reuters) – A historic peak in global mergers and acquisitions in the first half of 2018 has seen the energy and power sector retain its lead as the biggest contributor, with the value of deals increasing by 62 percent, Thomson Reuters data showed. The value of…

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Baltic Energy Market Interconnection Plan — EUbusiness.com

28 June 2018, 23:38 CET — filed under: Energy, Latvia, Lithuania, Estonia The primary objective of the Baltic Energy Market Interconnection Plan (BEMIP) initiative is to achieve an open and integrated regional electricity and gas market between EU countries in the Baltic Sea region, ending energy isolation. The initiative’s members are the European Commission and Denmark, Germany, Estonia, Latvia, Lithuania, Poland, Finland, and Sweden. Norway participates as an observer. The link address is: https://ec.europa.eu/energy/en/topics/infrastructure/trans-european-networks-energy/baltic-energy-market-interconnection-plan Document Actions Print this Share this…

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A greener future starts with natural gas, world energy chiefs say

World energy ministers representing about two thirds of the global population tussled over how the world can achieve a cleaner energy future. The compromise answer: Natural gas, at least for now. A consensus statement from G20 energy ministers meeting in Argentina cited the potential of natural gas “to expand significantly over the coming decades.” Meanwhile, the group said that nations that “opt to enhance their renewable energy strategies” should boost investment and financing within that arena, Bloomberg wrote. …

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