Energy and Utility

Eu pushes renewable energy target to 32% by 2030

EU pushes renewable energy target to 32% by 2030

European Union and its member states have agreed to reduce the use of conventional energy sources of energy and increase the use of renewable energy sources to achieve a target up to 32 per...
Vestas partners with TuuliWatti Oy

Vestas partners with TuuliWatti Oy

Vestas and long-term customer TuuliWatti Oy are partnering on the 21 MW Viinamäki project in Finland that will feature the first order for the V150-4.2 MW turbines and a unique R&D collaboration on a...
ConocoPhillips is set to sell its stake in Canada’s Cenovus

ConocoPhillips is set to sell its stake in Canada’s Cenovus

ConocoPhillips, an American multinational energy corporation is preparing its way to unload its stake in Cenovus Energy Inc. Last year, it had acquired these shares as a part of an asset to the Canadian...
Poland's PKN Orlen to join Hands with Lotos

Poland’s PKN Orlen to join Hands with Lotos

Merger between Poland’s PKN Orlen and Grupa Lotos is planned and is beneficiary for both companies. CEO of Lotos said that anybody who doesn’t have an interest in capital markets and oil companies had doubts...
3M to pay $850 million to Minnesota to settle suit over chemical disposal

3M to pay $850 million to Minnesota to Settle Suit over Chemical Disposal

3M Co. has settled a lawsuit with Minnesota’s Attorney General Lori Swanson for $850 million. The state has gone through damage of natural resource and human health problems it said were linked to a...
World Bank to stop funding oil and gas projects from 2019

World Bank to stop funding oil and gas projects from 2019 to limit global...

World Bank Group confirmed in a statement that it will not finance any oil or gas projects from 2019. This happened at a summit in Paris, where 50 world leaders assembled to give new...
Kepco, a state-owned South Korean energy

Kepco, a state-owned South Korean energy firm to take over construction of UK’s Moorside...

Kepco, a state-owned South Korean energy firm to take over construction of UK’s Moorside nuclear power project. Kepco has confirmed as preferred bidder to build reactors in Cumbria. Kopco declared that it is to take...

Doubts over extending output cuts made the Oil prices fall

Oil falls on doubts over extending output cuts showing a surprise rise in U.S. crude stocks. Doubts over extending output cuts made the Oil prices fall yesterday. There were doubts that the OPEC and Russia...
Tesla installed 100-megawatt battery in Australia

Tesla installed 100-megawatt battery in Australia

Tesla has finished installing the world’s biggest lithium-ion battery. The company  plans to switch it on over the coming days. The 100-megawatt battery in South Australia is designed to provide security to the state’s electricity...

Oil prices fell more than 1 percent after IEA casts doubt over demand outlook

Wednesday has witnessed price cut in oil as prices fell more than 1 percent. This has come after the International Energy Agency cast doubts over the past few months’ narrative of tightening fuel markets. The...

Recent Posts

M Science Launches Mobile Supply Chain Data for Wireless Semiconductors

M Science Launches Mobile Supply Chain Data for Wireless Semiconductors

M Science announced the launch of its Mobile Supply Chain Data, an M Data product for the wireless semiconductors market. The new offering provides...
With its new Falcon Heavy rocket launch SpaceX sends Tesla in the space

With its new Falcon Heavy rocket launch SpaceX sends Tesla in...

With its Falcon Heavy rocket launch SpaceX sends Tesla in the space. The new Falcon Heavy rocket is a large, reusable launch vehicle which can...
Israeli Healthcare Data Startup MDClone Raises $15M

Israeli Healthcare Data Startup MDClone Raises $15M

Israeli Healthcare Data Startup MDClone has raised $15 million from OrbiMed Israel Partners, who led the initial investment in 2016, and Lightspeed Venture Partners,...

McAfee acquires Skyhigh Networks, the cloud security provider

McAfee acquires Skyhigh Networks cloud security provider, with the aim of ‘establishing the leading company to provide the cybersecurity architecture of the future.’ Skyhigh Networks,...
After a slide in price, Bitcoin rises 10 percent, giving hope to the investors

After a slide in price, Bitcoin rises 10 percent, giving hope...

Bitcoin rises 10 percent today, after facing a slide in price last week. The cryptocurrency, fell nearly 30 percent at one stage on Friday to...