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Wartsila wins deal to construct plant for CO2-neutral liquid transport fuels

Wartsila has won a major contract to supply and construct a plant for production of CO2-neutral liquid transport fuels. The plant will liquefy gas from...

Depsys wins five new customers

Depsys, a technology company that empowers electricity grid managers to modernise their operations through digitalisation, has won five new contracts in the past month. The...

Rockstart launches €21 mn fund targeting energy startups

Rockstart has launched its second fund of €21 million to invest in energy startups. The Fund was launched with the Dutch pension fund ABP, and...

Exxon Mobil to reduce European workforce by 1,600

U.S. oil giant Exxon Mobil said it plans to reduce its European workforce by up to 1,600 across the company’s affiliates by the end of...

Home energy improvements you can make after moving into new home

When moving into a new home, your initial concerns are all about getting everything unpacked and put into position as quickly as possible. However,...

India’s fuel demand dips 50% in first half of April due to lockdown

Indian state retailers sold 50 percent less refined fuel in the first two weeks of April than the same time a year ago as...

OPEC+ agreed for 20% cut in oil production to prop up oil prices

OPEC and allies led by Russia agreed to a record cut in output to prop up oil prices amid the coronavirus pandemic that could...

Exxon Mobil to cut spending by 30% due to coronavirus

Exxon Mobil on Tuesday announced it will cut its capital spending by 30 percent this year as the coronavirus pandemic saps energy demand and...