Europe

Petroleum product exports from Central Atlantic states unusually high in Feb.

Decline in US gasoline consumption in Jan. and Feb. kept gasoline inventories high Exports of finished petroleum products from the Central Atlantic region of the United States (Petroleum Administration of Defense District, or PADD 1B) reached a record high in Feb. 2017, according to the US Energy Information Administration. Increased exports were driven by lower

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Europe to invest in renewables despite Trump – electricity lobby

Falling cost of renewables should lead to sustained investment BRUSSELS, Feb 10 (Reuters) – European utilities will not reduce their investments in renewables if U.S. President Donald Trump lowers U.S. climate goals, encouraged by Chinese and EU political commitments to low carbon energy, electricity lobby Eurelectric said. Trump, who campaigned on a pledge to bolster the

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Roadblocks slow European electric vehicle take-up – Wood Mackenzie

High costs, battery lifetime and vehicle range slow growth With electric vehicle’s accounting for less than one in every 500 cars on European roads today, Wood Mackenzie’s report, Is the European EV market on the verge of a breakthrough?  identifies a number of key issues hampering widespread EV take-up. “For EVs to move from the niche

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