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Science / Environment / Energy
This Market Business News category includes all of our articles that are related to science or the environment. This includes research projects in science and events that have an impact on the environment (be it beneficial or detrimental). This page is where you will find information on what is happening in the renewable energy industry, news to do with the electric or hybrid vehicle market, and information about electricity consumption, etc.
General Electric Alstom offer approved by board and French government
The General Electric Alstom offer was unanimously approved by the Alstom board to buy the French company’s Power and Grid businesses. If approved by Alstom workers representatives, shareholders and regulators, which seems likely, the deal…
Siemens Mitsubishi Alstom bid increased, GE’s altered
The Siemens Mitsubishi Alstom bid has been sweetened, with the cash component of Siemen’s and Mitsubishi’s offer increased by €1.2 billion to €8.2 billion ($11.2 billion). This is just one day after General Electric revised its $16.9…
BP Chinese multibillion dollar deal agreed
A BP Chinese multibillion dollar deal to supply liquefied natural gas (LNG) to China National Offshore Oil Corporation (CNOOC) has been agreed. BP is already a CNOOC supplier of LNG from Indonesia under an agreement signed several years…
Shell sells Woodside shares
Royal Dutch Shell sells Woodside shares, about 19% of the Australia’s largest oil and gas company, for an expected $5 billion on an after-tax basis. When the sale is complete, Shell’s stake in Woodside will go down from 23.1% to 4.5%. A…
Added value of Concentrated Solar Power
Additional value of 5 to 6 per kilowatt hour could be added by Concentrating Solar Power (CSP) projects to utility-scale solar energy in California, says a news report by the National Renewable Energy Laboratory (NREL), part of the US…
Bulgarian Gazprom gas pipeline halted, Russia talks of creeping sanctions
As work on the Bulgarian Gazprom gas pipeline is halted because it breaks European Union (EU) public procurement laws, Russia accuses the 28-nation trading bloc of imposing “creeping” economic sanctions. The order is a serious setback for…
Global renewable energy generation capacity hits record
With ninety-five emerging economies currently participating compared to just 15 in 2005, global renewable energy generation capacity has reached a new record, according to REN21's Renewables 2014 Global Status Report. Those 95 nations today…
EPA releases Clean Power Plan proposal to cut carbon emissions
The Clean Power Plan proposal released on Monday - the US guidelines to cut carbon emissions from existing power plants - is aimed at ensuring a healthier environment, spurring innovation and strengthening the economy, the Environmental…
Wind energy can reduce CO2 emissions from power plants
The American Wind Energy Association (AWEA) is reminding that wind energy can reduce CO2 emissions from power plants. The Environmental Protection Agency is about to impose CO2 pollution limits from existing power stations. According to…
Chinese soil contamination widespread
Chinese soil contamination is present in 19.4% of the country’s arable land and 16.1% of all its soil, the Environmental Protection Ministry has reported. There is serious concern among Chinese citizens that the economic miracle has caused…