Brazil aspires to become one of the five main oil producing and exporting countries in the world by 2030. This was announced by the Minister of Mines and Energy of Brazil, Bento Albuquerque, within the framework of the Saudi Green Initiative forum held in Riyadh.
The minister stressed that to…
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Users of new ecological BeeVi toilet will be paid with cryptocurrencies
The National Institute of Science and Technology of South Korea invented BeeVi, a toilet that pays cryptocurrencies to anyone who uses it.
In mid-July, the Institute presented this very new toilet that has transformed the “hygienic…
Cleaner refineries thrive in China
In China currently operates two types of refineries: Tetera 1.0 and Tetera 2.0. The latter are making progress because they cooperate with the vision of the future of the sector held by the President Xi Jinping, who protects the cleanest…
Russian-German gas pipeline to be completed by the end of August
The Nord Stream 2 gas pipeline, which will transport Russian gas through the Baltic Sea to Germany, will be completed by the end of August, according to the general director of the Nord Stream 2 company, Matthias Warnig,
"We expect…
Bitcoin miners in China could seek new destinations
The CEO of the cryptocurrency and digital assets fund ARK36, Ulrik K. Lykke and the CEO of Crytohopper, Ruud Feltkamp, agree that bitcoin miners will leave China due to bans, which have already caused a 30 % drop of the cryptoasset.…
Exxon Mobil faces heavy losses
The crisis that has been dragging the oil company Exxon Mobil since 2013 worsens and reaches losses, during the third quarter of 2020, of about 680 million dollars.
As if this were not enough, the oil company has laid off a high percentage…
Elecnor arrives in Colombia with the construction of a wind farm
Elecnor has entered the renewable energy market in Colombia with the award of a project for the construction of a 20 megawatt (MW) wind farm for an amount of 31.7 million euros, the company reported.
The Spanish infrastructure, energy,…
BP buys 50% of two offshore wind energy fields from Equinor in the US
The British energy company BP has reached an agreement with Equinor, the former Statoil, to buy 50% of two of its offshore wind power generation fields located in the waters of New York and Massachusetts (United States) for 1.1 billion…
Big Spanish companies will increase their investment in Latin America
About 65% of large Spanish companies will increase their investment in Latin America during 2020, according to the XIII Report on Spanish Investment in Latin America from IE Business School in collaboration with Llorente, Cuenca and Iberia.…
Mitsubishi and Chubu buy Dutch Eneco for € 4.1 billion
The Japanese emporium Mitsubishi Corporation and the Japanese power company Chubu Electric Power have bought through a consortium the Dutch energy company Eneco for 4,100 million euros, as announced by the firms on Monday in a joint…
BoFa signs agreement with EDPR for wind power business
EDP Renovavéis has signed a tax equity financing commitment with Bank of America worth $ 421 million in exchange for a stake in a portfolio of 405 megawatt (MW) offshore wind energy farms in the United States, the company said.…
Brazil will reopen main biodiesel production plant in October
The regional government indicated that the plant, located on ten hectares of the city of Floriano and with automated technology, received investments of sixty million reais, has a storage capacity of two million liters of biodiesel and one…