Finance

Slew of Spanish Lawsuits Filed over Renewable Energy Reforms

Spain's Supreme Court has accepted at least 125 lawsuits so far this month from firms and individuals fighting energy reforms, official data showed, after the government

The Economics of Slowing Down Ships

MarPro crunches the numbers on vessel steaming economics. What should you do? It all depends, says Barry Parker … The topics of fuel efficiency, slow steaming

Britain Awards Firms Cash to Turn the Power off This Winter

British companies operating at 431 sites in Britain have won contracts under a scheme that will pay them not to use electricity during some hours on week days in November to February,

Well-Centric Poised for Growth with Mawtus

Aberdeen-based well maintenance and integrity services business Well-Centric Oilfield Services is looking to significantly expand its footprint in the oil and gas

Adonis AS Announces Trondsen as General Project Manager

Adonis AS (Adonis), a provider of global maritime HR solutions, announced that it has named Silje Trondsen as General Project Manager for Implementation Services.

New Dawn for Mexican Steel Puts Brazil in the Shade

Mexico is emerging as the preferred choice for investors in Latin American steel making as a landmark energy reform and exposure to a U.S. recovery help outshine regional rival Brazil,

Barge Operator Fined for Releasing Dangerous Gas

The operator of a Portsmouth-based barge has today been made to pay almost £111,000 in fines and costs after pleading guilty to a breach of maritime legislation.

Charterers Remain Optimistic Despite Small Downturn

Overall confidence levels in the shipping industry fell slightly during the three months to August 2014, according to the latest Shipping Confidence Survey from

Enbridge to Raise Stake in Two Quebec Wind Farms

Enbridge Inc, the Canadian pipeline company building up a portfolio of renewable power projects, said on Tuesday it has agreed to pay C$225 million ($204 million)

EU Carbon Prices Fall on Market Reform Vote Date

European Union carbon prices fell 5 percent on Tuesday on news that a vote by European lawmakers on reforms to the bloc's carbon market will not take place until early next year.

Total Sells Stake in US Shale Gas Transport Firm

French oil major Total has agreed to sell its 25 percent stake in Cardinal Gas Services, a gas transport company operating in Ohio's Utica shale gas basin, to a

Flextech Invests £500,000 New R&D Hub

As part of its ongoing growth and development strategy, flexible pipe specialist FlexTech has invested £500,000 into a new manufacturing and fabrication base in Lincolnshire.

APG Aims to Double Clean Energy Investment

Top Dutch pension fund manager APG Asset Management said it wants to double investments in sustainable energy generation to 2 billion euros ($2.58 billion) over the next three years.

Insights: New York Canal Director Brian Stratton

Brian U. Stratton was appointed Director of the New York State Canal Corporation in April 2011, to oversee the operation and development of New York’s 524-mile Canal System,

Hollande Says France to Offer $1b to Climate Fund for Poor

French President Francois Hollande on Tuesday announced that France will contribute $1 billion to a near-empty global fund to help poor countries adapt to the effects

Oando Profit More Than Doubles

Nigerian energy company Oando said on Tuesday its pre-tax profit in the first half rose 103 percent to 12.53 billion naira from 6.15 billion naira (37.53 million

Norway's Opposition Wants Wealth Fund to Invest in Infrastructure

Norway's $870-billion sovereign wealth fund should be allowed to directly invest in infrastructure such as wind farms and solar plants, the country's opposition Labour party will propose,

Statoil Ramps Up Carbon Pricing, Methane Reduction Efforts

Statoil CEO Helge Lund addresses the company's climate commitments today at the UN Secretary General’s Climate Summit in New York. “Fighting climate change is vital,” says Lund.

Italy Invites Banks to Handle Enel Sale

The Italian government has written to investment banks and advisory firms inviting bids to work on the sale of a stake in state-controlled power group Enel in the next few months,

German Gas Trading Grows, Euro Hubs Expand

Volumes in H1 up to a third higher than last year; Germany's huge gas storage sites benefit trading. German gas demand also boosts role of Dutch trading hub. FRANKFURT,

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