Ofgem supports energy customers by offering flexible payment options
Energy consumers get relief from Ofgem as it instructs companies to provide emergency credit and flexible repayment options. Britain’s gas & electricity supply regulator, The Office of Gas ....
Sabic and Saudi Aramco reassess crude-oil-to-chemicals project
Saudi Basic Industries Corporation(Sabic) and Saudi Aramco have reportedly decided to reassess their USD 20 billion crude-oil-to-chemical projects in a bid to cut spending amid the COVID-19 pandemic. ....
Battery tech Nilar International receives €47M loan backing from EIB
Nilar International, a Swedish battery manufacturing startup, has reportedly received a loan of over €47 million from the EIB (European Investment Bank), a publicly owned international financial ....
UK government plans to power homes using offshore wind by 2030
Boris Johnson, the prime minister of the United Kingdom, has reportedly announced a new vision of powering homes in the UK by using offshore wind by 2030. The target is expected to be reached through ....
Hovis obtains takeover bid from Italian pasta & dairy firm, Newlat
Hovis, a British flour and bread producer, has reportedly obtained a takeover bid from an Italian pasta & dairy firm, Newlat Food, which is aiming to gain ownership of the 134-year-old food compan....
ARENA awards SunDrive $3M grant to produce novel breed of solar cells
The latest generation of highly efficient solar cell technology developed at the University of New South Wales is now reportedly closer to being produced at scale across Australia after it received a ....
UK at risk of being flooded by cheaply manufactured food post-Brexit
The European Union has reportedly warned that the United Kingdom is at risk of being flooded with low-quality, cheaply-made food if it lowers its regulatory standards post Brexit. The warning essentia....
Shale producer Devon apparently plans to buy out WPX Energy Inc.
U.S. based shale producer Devon Energy Corp is reportedly in discussions to purchase its rival, WPX Energy Inc. People familiar with matter claim that the buyout may be in the form of an all-stock tra....
Airbus shifts focus to hydrogen as a viable aircraft propulsion source
Airbus, the renowned European aerospace manufacturer, is reportedly moving away from battery power and reorienting its focus towards using hydrogen as the primary fuel source for future aircraft innov....