Reuters/Mike Blake Vitol is setting up a renewable-energy fund in a partnership wth Low Carbon. A Vitol executive spoke very highly of what renewable energy can do in the long-term. The world’s biggest oil trader, Vitol, is setting up in partnership with Low Carbon a renewables fund that will invest in renewable energy assets across Europe, the companies said in a joint statement on Tuesday. Vitol, which trades more than 7 million barrels of crude oil and products every day, and privately-owned investment company Low Carbon announced the creation of a Jersey-based fund—VLC Renewables—which will have an initial allocation of US$234 million (200 million euro) to invest in European renewable energy generation projects.See the rest of the story at Business InsiderNOW WATCH: Brazil's empty $300 million World Cup stadiumSee Also:China is the world's biggest oil buyer — but its demand may be slowing down soonThe recent drop in oil prices may be just a correctionThe trade war is already hurting industrials — here's why energy could be nextSEE ALSO: Trump breaks long-standing precedent of American presidents not commenting on the Fed, says he isn't 'thrilled' about rate hikes

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BING NEWS:
  • Renewable energy stocks jump up to 500% in 1 year; what's fuelling this rise? What should you buy from the sector?
    Renewable energy stocks have surged significantly in the last year, with some witnessing a 450-500 per cent increase. Government support, strong tailwinds, and ambitious goals for clean energy in ...
    04/23/2024 - 1:24 am | View Link
  • Why EV and Renewable Energy Stocks Collapsed This Week
    The electric vehicle (EV) and renewable energy market took a nosedive this week and it seemed everyone was affected. Part of the drop was due to Tesla 's ( TSLA -1.92%) layoffs announced earlier this ...
    04/19/2024 - 7:57 am | View Link
  • From airstrip with no ATC gateway to renewable energy park 5-times size of Paris
    But the area with second best solar radiation in the country after Ladakh and wind speeds five times of plains, served as an idle location for a renewable energy park. An 18-km drive from the ...
    04/12/2024 - 4:15 am | View Link
  • Largest independent oil trader sees ‘no chance’ of going public
    Vitol, the world’s largest independent oil trader, has no intention of pursuing a public listing, its chief financial officer said on Wednesday. Jeff Dellapina was speaking at the FT Global ...
    04/10/2024 - 12:07 am | View Link
  • A23a: Tracking the world's biggest iceberg as it drifts towards oblivion
    The world's biggest iceberg - more than twice the size of Greater London - is on the move. After a few weeks loitering on the fringes of Antarctica, it’s begun to drift at pace once more.
    04/5/2024 - 1:00 pm | View Link
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  • A lifetime subscription to this AI plant identifier app is on sale for 71% off
    Mashable, Thursday - 04/25/2024 - 12:00 AM

    TL;DR: A lifetime subscription to a Plantum AI Plant Identifier Premium Plan is on sale for £13.72, saving you 71% on list price. As flowers bloom and the sun sets later each day, it’s easy to see why so many people love nature. Anyone can appreciate a beautiful flower, tree, or plant but not many know how to identify and care for them.

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  • A Call for Embracing AI—But With a ‘Human Touch’
    Time, Wednesday - 04/24/2024 - 10:22 PM

    Business leaders across a range of industries agreed in a Wednesday discussion that the acceleration with which AI can transform society is practically unprecedented—and that, with proper regulation, that should be a good thing. “This thing is so transformational,” said Booking Holdings CEO Glenn Fogel, speaking at the TIME100 Summit.

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  • Wordle today: Here's the answer and hints for April 25
    Mashable, Wednesday - 04/24/2024 - 10:00 PM

    Oh hey there! If you're here, it must be time for Wordle. As always, we're serving up our daily hints and tips to help you figure out today's answer. If you just want to be told today's word, you can jump to the bottom of this article for April 25's Wordle solution revealed.

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  • NYT Connections today: See hints and answers for April 25
    Mashable, Wednesday - 04/24/2024 - 09:00 PM

    Connections is the latest New York Times word game that's captured the public's attention. The game is all about finding the "common threads between words." And just like Wordle, Connections resets after midnight and each new set of words gets trickier and trickier—so we've served up some hints and tips to get you over the hurdle.

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  • Tech CEOs Say Ethical A.I. and Innovation Are ‘Two Sides of the Same Coin’
    Time, Wednesday - 04/24/2024 - 08:34 PM

    CEOs of start-ups and big tech companies spoke at the TIME100 Summit on Wednesday about innovating with artificial intelligence in an ethical way, just moments before a spirited debate on the future of the technology. “Regulation and innovation are two sides of the same coin,” said Rosanne Kincaid-Smith, Group Chief Operating Officer of Northern Data Group, which is a signature partner of the TIME100 Summit.

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  • We may have spotted the first magnetar flare outside our galaxy
    Ars Technica, Wednesday - 04/24/2024 - 05:10 PM

    Enlarge / M82, the site of what's likely to be a giant flare from a magnetar. (credit: NASA, ESA and the Hubble Heritage Team) Gamma rays are a broad category of high-energy photons, including everything with more energy than an X-ray. While they are often created by processes like radioactive decay, few astronomical events produce them in sufficient quantities that they can be detected when the radiation originates in another galaxy. That said, the list is larger than one, which means detecting gamma rays doesn't mean we know what event produced them.

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