Mr Sharma visits Turkey following solar plant investment

Mr Sharma visits Turkey following solar plant investment: Alok Sharma the COP26 President is presently visiting Turkey to count on the Glasgow Climate Pact and inspect progress on a new solar farm that the UK heavily invested in. Alok Sharma is gathering with Turkish Ministers for Environment, Climate Change and Energy throughout the trip. He…
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AGI Group grows with joining of Premex Solutions GmbH

AGI Group grows with joining of Premex Solutions GmbH: The AGI Group is happy to report the favourable acquisition of Premex Solutions GmbH, Switzerland, on 31st May 2022. The AGI Group is a world-famous innovator in glass technology for a variety of chemical processing industries, containing the scientific and pharmaceutical sectors, & academia. Its root…
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Governments to subsidise food and energy.

Governments to subsidise food and energy. The head of the International Monetary Fund (IMF) has called on governments to subsidise the cost of food and energy for the poorest households. In an interview with the BBC, IMF Managing Director Kristalina Georgieva said support should be provided in a “very targeted manner, preferably by providing subsidies…
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Eni & bp team up to create Angolan energy company

Eni & bp team up to create Angolan energy company: Eni & bp have established a joint venture independent energy firm in Angola called Azule Energy. The company will be in charge of over 200,000 barrels of oil & gas manufacturing a day as well as 2 billion equivalent barrels of net resources. The creation…
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EU starts €3.2bn investment for sustainable connectivity

EU starts €3.2bn investment for sustainable connectivity: The European Commission has initiated a €3.2 billion (£2.67bn) package to help sustainable connectivity enterpises in the Western Balkans. A sum of 21 transport, digital, climate as well as energy connectivity projects will divide the funding, coming from the Western Balkans Investment Framework (WBIF). Projects contain construction of…
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Italy contemplating Algerian gas instead of Russian energy

Italy contemplating Algerian gas instead of Russian energy: Due to the continuing war in Ukraine, Italy is thinking of other choices for its energy supply, distancing itself from Russia. The Italian Foreign Minister Luigi Di Maio is now in Algeria to talk about parntering on gas supplies. Di Maio has travelled to the North African…
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UEFA quits association with Gazprom

UEFA quits association with Gazprom: UEFA has reported it is ending its alliance with Gazprom. The huge Russian energy corporation has endorsed the Champions League since 2012 along with it spending a recorded €40 million (£33m) each year for the rights. War in Ukraine had generated considerable pressure on the European football governing body to…
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INEOS will construct a hydrogen plant in Grangemouth

INEOS will construct a hydrogen plant in Grangemouth: INEOS has declared plans to construct a hydrogen manufacturing plant on its Grangemouth premises. The move is part of the site’s plan to reduce carbon emissions by 60% by 2030. It is expected to save one million tonnes of CO2 emissions per year and follows £500 million in…
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EDF plans to close two nuclear power plants in 2028

EDF plans to close two nuclear power plants in 2028: EDF Energy has announced the closing of two of its nuclear power plants, Heysham 2 and Torness, sooner than scheduled. The two Lancashire and East Lothian sites were supposed to close in 2030, but that timeframe has now been pushed back to March 2028. Following…
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The US has plans to install 500k new EV charging stations

The US has plans to install 500k new EV charging stations: US Vice President Kamala Harris announced today a plan to build 500,000 new publicly accessible electric vehicle (EV) chargers. The US Vice President stated at a public event in the US state of Maryland that “the future is electric,” and that the new strategy…
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