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China's nationwide pollution readings rise 5 percent in January-February

36 mins ago DieselGasoil Comments Off on China's nationwide pollution readings rise 5 percent in January-February
SHANGHAI (Reuters) – China’s average concentrations of lung-damaging particles known as PM2.5 rose by 5.2 percent in the first two months of the year, the environment ministry said on Thursday, casting doubt over the country’s ability to meet winter targets. People are seen in a traditional alleyway, or Hutong, on a polluted day in central Read More

Enwave and University Health Network team up to control energy costs, improve reliability and support patient care

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TORONTO, March 20, 2019 (GLOBE NEWSWIRE) — Enwave Energy Corporation (Enwave) is working with the University Health Network (UHN) to connect the Princess Margaret Cancer Centre to Enwave’s Deep Lake Water Cooling (DLWC) system. DLWC draws cold water from Lake Ontario to cool buildings in Toronto’s downtown core. A sustainable alternative to traditional cooling towers Read More

Low Carbon Heat Recovered from Wastewater: Second District Heat Network Powered by SHARC Energy Technology

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VANCOUVER, British Columbia, March 18, 2019 (GLOBE NEWSWIRE) — Sharc International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC” or “the Company”) is pleased to announce that the Company’s UK subsidiary SHARC Energy Systems (“SHARC Energy”) have been appointed to support the development of the new low temperature District Heating Scheme (“DHS”) in Stirling, Read More

U.S. manufacturing sector slowing as economy loses momentum

6 days ago DieselGasoil Comments Off on U.S. manufacturing sector slowing as economy loses momentum
WASHINGTON (Reuters) – U.S. manufacturing output fell for a second straight month in February and factory activity in New York state was weaker than expected this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter. FILE PHOTO: Line workers spot weld parts of the frame on the flex Read More

EBRD arranges $52 million loan to replace coal-fired plant in Bosnia

6 days ago DieselGasoil Comments Off on EBRD arranges $52 million loan to replace coal-fired plant in Bosnia
FILE PHOTO: The headquarter of the European Bank for Reconstruction and Development (EBRD) is seen in London, Britain, November 22, Britain 2016. REUTERS/Stefan Wermuth SARAJEVO (Reuters) – The European Bank for Reconstruction and Development (EBRD) has arranged a 46 million euro ($52.09 million) financing package to replace a highly polluting coal-fired plant in the central Read More

Tesla unveils Model Y as electric vehicle race heats up, price starts at $39,000

6 days ago DieselGasoil Comments Off on Tesla unveils Model Y as electric vehicle race heats up, price starts at $39,000
SAN FRANCISCO (Reuters) – Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that will face competition from European car makers rolling out their own electric rivals. Chief Executive Elon Musk said the compact SUV, built on the same platform as the Model 3, would Read More

Tesla unveils Model Y SUV as electric vehicle competition heats up

6 days ago DieselGasoil Comments Off on Tesla unveils Model Y SUV as electric vehicle competition heats up
SAN FRANCISCO (Reuters) – Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that will face competition from European car makers rolling out their own electric rivals. Tesla Inc’s Model Y electric sports utility vehicle is pictured in this undated handout photo released on March Read More

CERAWeek 2019: LNG key factor in energy transition

6 days ago DieselGasoil Comments Off on CERAWeek 2019: LNG key factor in energy transition
By CRAIG FLEMING, TECHNICAL EDITOR, WORLD OIL on 3/14/2019 HOUSTON — On the third day (Wednesday, March 13) of CERAWeek by IHS Markit, the industry’s business leaders outlined global economic trends, shifting geopolitics, emerging government policies and advances in technologies. The majority of the day’s sessions outlined how the transition will occur and to define Read More

Solid Results of Reykjavik Energy in 2018

7 days ago DieselGasoil Comments Off on Solid Results of Reykjavik Energy in 2018
Orkuveita Reykjavikur’s (OR; Reykjavík Energy) consolidated financial statements for 2018 reflect solid finances and sound operations in spite of fluctuating  external conditions. This is the result of a firm grip on operating cost and growing revenues during the year stemming from increased energy production and demand for utility services. Operating income grew by 5.2% compared Read More

Dutch to introduce corporate CO2 tax as climate plans fall short

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THE HAGUE (Reuters) – The Dutch government announced on Wednesday a carbon tax for companies after a top advisory body said current plans to cut emissions will fall short of targets. FILE PHOTO: People take part in a protest calling for urgent measures to combat climate change during a demonstration in central Amsterdam, Netherlands March Read More