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The jury is still out on whether OPEC can rein in a global oil glut but top commodity traders are betting it can by selling stakes in storage tank businesses that profited from oversupply. Since January, Glencore, Vitol and Gunvor…

Swedish fashion giant H&M has unveiled new plans to become a ‘climate positive’ retailer throughout its value chain by 2040. The headline target is a key plank of the retailers new ‘100 per cent’ strategy, launched earlier this week, which…

ABB commercially launched ABB Ability, its industry-leading portfolio of digital solutions, at ABB Customer World in Houston. With the commercial launch of more than 180 solutions and services today, ABB is unlocking value for customers in the Fourth Industrial Revolution.…

The world is entering a new energy era, where consumption of renewable energy sources seems to be the only way to conserve nature and save life on the planet. By now, everybody knows that the supply of fossil fuels is…

Vattenfall has confirmed plans to extend one of its Scottish wind farms, just days after the Swedish energy giant announced it is looking to invest nearly $2bn in wind projects over the coming year. Renews reported that the company is…

The Energy Technologies Institute (ETI) has this week launched a new project to investigate how removing impurities from sustainable biomass feedstocks can improve the efficiency and cost effectiveness of biomass energy. The £2.2m project will bring together the ETI,…

Anheuser-Busch InBev has committed to source 100 per cent of the power it purchases from renewable sources by 2025, making the brewing giant the latest in a string of high profile firms to switch to clean power. The company announced…