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Exxonmobil Plans Reduction of Staffing Levels in Canada

Exxonmobil Plans Reduction of Staffing Levels in Canada

US energy giant ExxonMobil announced plans to reduce staffing levels at company’s Canadian affiliates “as part of an ongoing global review to identify cost efficiencies and improve long-term competitiveness,” the company said in a statement on Wednesday

Turkey Aims to Hit 10,000 MW Wind Capacity: Minister

Turkey Aims to Hit 10,000 MW Wind Capacity: Minister

Turkey aims to pass 10,000 megawatts (MW) of installed capacity threshold in wind energy soon, according to Energy and Natural Resources Minister Fatih Donmez on Wednesday

ENEL’s 2030 Vision in 2021–2023 Strategic Plan: A Decade of Opportunities

ENEL’s 2030 Vision in 2021–2023 Strategic Plan: A Decade of Opportunities

Over a decade of profound transformation, the Group is placing at the core of its strategy the acceleration of the energy transition, alongside sustainable and profitable growth to create significant value shared with all stakeholders and attractive returns for shareholders over time

C02 Hits Record Levels in 2019: Global Weather Body

C02 Hits Record Levels in 2019: Global Weather Body

Carbon dioxide (CO2) levels in the atmosphere hit a new record of 410.5 parts per million in 2019 and will likely rise this year despite a minor cut in emissions due to COVID-19 lockdowns, the World Meteorological Organization (WMO) said Monday

Akkuyu NPPs 3rd Unit Construction to Begin Next Spring

Akkuyu NPP's 3rd Unit Construction to Begin Next Spring

 Construction of the third unit of Turkey's Akkuyu Nuclear Power Plant (NPP) is planned to start next spring, Kirill Komarov, first deputy director general for corporate development and international business of Rosatom, said on Friday

Opec Likely to Delay Putting Extra Oil on Market: MUFG

Opec Likely to Delay Putting Extra Oil on Market: MUFG

Given the expected year-end oil market surplus, and prevailing elevated demand uncertainty stemming from the virus, Opec+ may delay by 3 months its January production ramp-up by 1.9m barrels per day (b/d) to 5.8m b/d when it meets at the end of the month, a report said

Belarus Reopens Nuclear Power Plant after Replacing Equipment

Belarus Reopens Nuclear Power Plant after Replacing Equipment

Belarus has resumed operations at a new nuclear power plant, inaugurated earlier this month by President Alexander Lukashenko, after successfully replacing some equipment, the Ministry of Energy said in a statement on Thursday

Iran, Venezuela Sanctions Relief Low Priority for Biden

Iran, Venezuela Sanctions Relief Low Priority for Biden

While the US has been in turmoil since President Donald Trump contested the results of a Joe Biden win in the presidential elections by claiming election fraud, oil giants Iran and Venezuela are hoping to resume diplomatic relations with the US under the new administration

Minister: TAP Is a Milestone for the Energy Security of Greece and SE Europe

Minister: TAP Is a Milestone for the Energy Security of Greece and SE Europe

Natural gas from the TAP pipeline will start to be supplied to the country, through DEPA, by the end of the year, Environment and Energy Μinister Kostis Hatzidakis said on Tuesday, in statements welcoming the completion of the preparations for the pipeline on Greek territory

Stocks of Energy Firms on Rise Over Vaccine Hopes

Stocks of Energy Firms on Rise Over Vaccine Hopes

Stocks of energy companies, including US energy majors Chevron and ExxonMobil gained after positive news of an effective coronavirus vaccine, which instilled economic recovery hopes and the possibility of an oil demand rebound

Green Energy Capacity Set to Hit Record 200GW: IEA

Green Energy Capacity Set to Hit Record 200GW: IEA

New additions of renewable power capacity worldwide will increase to a record level of almost 200 gigawatts (GW) this year, contrasting with the sharp declines triggered by the pandemic in other parts of the energy sector, said the International Energy Agency (IEA) in a new report