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Dong Rready to Leave Oil Behind
Dong Energy will present its oil and gas exploration and production activities as “discontinuing operations” in its financial statements for 2016. Therefore, profit and loss from the oil and gas segment will be presented separately from the company’s continuing operations.…
Obama Gives Half A Billion Dollars To UN Climate Fund
Barack Obama has transferred half a billion dollars to the UN’s Green Climate Fund, just three days before Donald Trump’s inauguration. The president-elect has promised to stop all payments to UN global warming programmes. But announcing the grant, John Kirby, the…
Bulgaria and Serbia Signed Memorandum of Understanding on Gas Interconnector
Bulgarian outgoing Minister of Energy Temenuzhka Petkova and her Serbian counterpart – Minister of Energy and Mining Aleksandar Antić, inked a Memorandum of Understanding on the project for construction of a gas interconnector between Bulgaria and Serbia, FOCUS New Agency…
We Produce Biogas and Save up to 140,000 Euros per Year
Plant for the waste water treatment in the Carlsberg beer factory in Čelarevo opened in 2010 in the presence of the top state officials. This brewery is among the first in Serbia which presented this kind of facility. They wanted…
A Six Month Probation?
The output cuts announced by OPEC and eleven non-OPEC producers have entered their probation period and it is far too soon to see what level of compliance has been achieved. The coming weeks will provide more clarity and in the…
Green Light for Wyoming Giant
The US has given the green light to the Power Company of Wyoming’s (PWC) 1.5GW Chokecherry Sierra Madre wind farm, the first part of a two-phase 3GW development. The Federal Bureau of Land Management has issued environmental approval for the…
WMO Confirms 2016 as Hottest Year on Record, about 1.1°C above Pre-Industrial Era
The World Meteorological Organization (WMO) yesterday announced that the year 2016 has been the hottest year on record, surpassing the exceptionally high temperatures of 2015, according to a consolidated analysis. The globally averaged temperature in 2016 was about 1.1°C higher…