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Oil firms could waste trillions if climate targets reached
Abandoned oil wellWednesday June 21, 2017 10:13AM ET
Energy giants risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a thinktank report shows.
Denmark and Germany to increase amount of tradeable electricity
Denmark and GermanyWednesday June 21, 2017 9:26AM ET
Trade barriers are being relaxed to allow Nordic electricity producers greater access to the German market.
Work on Bogota $429 million highway to commence
Autopista NorteWednesday June 21, 2017 9:13AM ET
Widening and upgrade work for the Autopista Norte motorway in Bogota is commencing in September 2017.
U.S. hotel industry reported positive results in May 2017
HotelWednesday June 21, 2017 8:57AM ET
The U.S. hotel industry reported positive results in the three key performance metrics during May 2017, according to data from STR.
Residential property prices continue to soar in Australia
Sydney homeWednesday June 21, 2017 8:13AM ET
Residential property prices in Australia have risen 2.2 percent in the March quarter, resulting in four consecutive quarters of growth, the Australian Bureau of Statistics (ABS) revealed.
Entre Rios first province to ban fracking in Argentina
Entre Rios frackingWednesday June 21, 2017 7:57AM ET
The central province of Entre Rios has become the first in Argentina to ban hydraulic fracturing.
Norway offers record number of blocks for Arctic oil exploration
Arctic oil explorationWednesday June 21, 2017 7:05AM ET
Norway’s oil ministry kept a record number of blocks proposed for oil and gas exploration in the Barents Sea in its final offer for the 24th licensing round on Wednesday, brushing off concerns about drilling impact on Arctic environment.
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