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"Portugal will pay for oil temporarily more expensive", says expert

For a few weeks the price of oil should oscillate between 65 and 70 dollars per barrel, increasing the prices that will be paid for purchases made by Portugal, admitted the specialist Manuel Ferreira de Oliveira to Jornal Económico. The Iberian head of the multinational BP, Pedro Oliveira, also considers that these upward tensions will only be temporary.

Dams in Tâmega will force the slaughter of over a thousand cork oaks

In the eyes of the Government, these two developments are of “essential public utility”. The two dams will be built by the Spanish electric company Iberdrola and will cost more than 1500 million euros.

PremiumFind out who are the 13 winners of the solar energy auction. Investors come from six countries

Companies from six countries won lots, according to the list obtained by Jornal Económico. Government praises low prices, but the sector fears lack of profitability.

Electric cars need more copper than conventional ones

The automotive sector has increased its use of copper over the past few decades, due to the greater weight of electronics in modern cars. But the growth of the electric car is making the automotive industry even more dependent on this ore, whose largest global producers are Chile, Peru and China.

'Hell' of the Amazon: “the worst is yet to come”, warn experts

Deforestation in the Amazon, in Brazil, almost doubled between January and August this year compared to 2018, reaching 6.404 square kilometers. Three weeks later since the start of the “terror scene”, the fires have not yet been subdued. Experts warn that "the worst is yet to come".

Mexia: EDP Renováveis ​​focused on “growth opportunities”

EDP ​​Renováveis ​​increased its portfolio by 720 megawatts (MW) in the first half, with the new power contributing 71 million euros to the company's results.

Greta Thunberg wins alternative "Nobel Peace Prize"

The 16-year-old activist, who delivered an emotional speech at the United Nations this week, won the Right Livelihood Prize alongside Aminatou Haidar, Guo Jianmei and Davi Kopenawa Yanomami.
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Portugal is 19th in the world in the transition to clean energy

Portugal is in 19th place, with a score of 64,2% (it was 16th in 2019, with 65%), in a list led by Sweden, for the third consecutive year, followed by Switzerland and Finland.

REN's profit falls 67,5% to 4,3 million euros in the first quarter

REN - Redes Energéticas Nacionais recorded a profit of 4,3 million euros in the first quarter, 67,5% less than in the same period in 2019, it was announced today.

U.S. wants to suspend Chevron activity in Venezuela

The US only guarantees the integrity of Chevron's assets in Venezuela until December 1. The US Treasury wants Chevron to suspend its local activity, while the United States tightens its grip on Nicolás Maduro. Chevron was not available to leave Venezuela, knowing that Russian and Chinese groups are interested in developing greater activities in Venezuelan oil.
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