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Category: Europe

Category:
  • Economy
  • Germany

German economy ‘flirts with recession’ as fourth-quarter output stagnates

The German economy stagnated in the fourth quarter due to weaker private consumption and state spending, data showed on Friday, renewing fears of a recession just as Chancellor Angela Merkel’s Continue Reading

Posted On : 14 Feb 2020 Published By : Tom Whipple
Category:
  • Economy
  • Europe

European shares scale record even as coronavirus shows no signs of peaking

European shares touched record highs on Friday as investors digested whether China’s coronavirus outbreak would cause long-lasting damage to global economy. Europe’s broad Euro STOXX 600 clawed up 0.1% to Continue Reading

Posted On : 14 Feb 2020 Published By : Tom Whipple
Category:
  • United Kingdom
  • Wind

The UK Needs To Invest $62 Billion In Wind Turbines To Reach Energy Target

According to renewable energy analysts Aurora, in order to fulfil the goal, 260 wind turbines will have to be installed a year, roughly one for every working day. The UK’s Continue Reading

Posted On : 14 Feb 2020 Published By : Tom Whipple
Category:
  • OPEC
  • Russia

Russia deliberates on OPEC+ cuts as Novak meets with companies, Kazakh minister

Russia’s energy minister Alexander Novak held a series of meetings Wednesday, first with his new Kazakh counterpart and later with Russian oil producers, as the country moves towards a decision Continue Reading

Posted On : 13 Feb 2020 Published By : Tom Whipple
Category:
  • OPEC
  • Russia

Russia Still Elusive On Deeper OPEC+ Oil Production Cuts

Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the coronavirus outbreak, Russian Continue Reading

Posted On : 12 Feb 2020 Published By : Tom Whipple
Category:
  • Electric Cars
  • Germany

E.ON, Volkswagen unveil “plug and play” ultra fast charge system

E.ON and Volkswagen have developed an electric vehicle fast-charging system they say is simple, inexpensive and “possible anywhere”. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading

Posted On : 12 Feb 2020 Published By : Tom Whipple
Category:
  • Russia

Russian Rosneft’s 2019 hydrocarbons output flat at 5.8 million boe/d

Rosneft’s hydrocarbons production reached 5.8 million barrels of oil equivalent per day in 2019, CEO Igor Sechin said Tuesday during a meeting with Russian President Vladimir Putin. Receive daily email Continue Reading

Posted On : 12 Feb 2020 Published By : Tom Whipple
Category:
  • Climate
  • Europe

No bunkering, loading operations at Rotterdam on storm: port authority

Usual shipping operations at the port of Rotterdam have been suspended because of bad weather, a spokesman for the port authority said Tuesday. Receive daily email alerts, subscriber notes & Continue Reading

Posted On : 12 Feb 2020 Published By : Tom Whipple
Category:
  • United Kingdom

Coronavirus likely to hurt euro zone, UK growth

The likely slowdown in China’s economy due to the coronavirus outbreak is likely to shave 0.1 to 0.2 percentage points off both euro zone and UK growth this year, credit Continue Reading

Posted On : 12 Feb 2020 Published By : Tom Whipple
Category:
  • Climate
  • Europe

Bomb cyclones poised to form in the North Atlantic will rake Europe with high winds, ‘phenomenal seas’

Hot on the heels of Storm Ciara in the U.K. will come Storm Dennis The North Atlantic is stuck on its maximum tempest setting, sparking one rapidly intensifying low pressure Continue Reading

Posted On : 12 Feb 2020 Published By : Tom Whipple

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