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BP to snap up BHP Billiton’s US shale assets

In what the company describes as a “major step forward”, BP will acquire the US shale oil and gas assets of one of the world’s biggest miners, BHP Billiton, for $10.5bn

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EDF reveals further cost overruns and delays to its Flamanville nuclear reactor

Problems at EDF’s long-awaited Flamanville Nuclear Power Plant will see the group’s flagship EPR project encounter fresh delays and cost overruns, raising questions over its commercial viability

California becomes first state to require solar panels on all new homes

Solar panels will adorn every new home built in California from 2020, as the state pushes forward with its progressive climate change goals

Hydrogen could be the answer to energy storage conundrum

A report by the Institution of Mechanical Engineers has proposed a new method of energy storage using hydrogen, which it says works more effectively than lithium-ion batteries

Total buys controlling stake in natural gas and renewables company Direct Énergie

French oil and gas major Total has strengthened its position in its home market with the purchase of Direct Énergie, further expanding its business downstream

Developing nations lead the charge in tackling solar radiation

Developing nations stand to suffer the most if climate change isn’t dealt with. As such, scientists from these countries are proposing to invest more in solar geoengineering research

Saudi Aramco enters agreement to build mega refinery in India

Saudi Aramco has signed a memorandum of understanding with Ratnagiri Refinery and Petrochemicals to build a mega refinery in Maharashtra – the latest in a flurry of deals recently signed by the oil giant

Ghana selects thermal power plants to be privatised in sale

The sale of Ghana’s thermal power assets will increase production efficiency and reduce government debt

SoftBank Vision Fund and Saudi Arabia to build biggest solar project in history

The world’s biggest solar plant is a perfect partnership for an ambitious investment fund and a country moving away from fossil fuels

Volkswagen intensifies electric vehicle plans with production drive

Volkswagen Group CEO Matthias Müller has pledged to roll out a new electric model “virtually every month” from the start of next year, as the group ramps up its investment in the production of electric vehicles

E.ON and RWE shake up Germany’s energy sector with asset swap agreement

Two of Germany’s biggest utility firms have agreed to swap assets in a deal that would see E.ON focus on energy networks and RWE concentrate on renewables

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Danish energy regulator approves Total’s purchase of Maersk Oil

The sale of Maersk’s oil operations to French energy giant Total has been given the green light by the Danish Energy Agency, paving the way for the $7.45bn deal to close this quarter