German energy firm E.On has said its annual net losses more than doubled in 2015 to €7bn after it wrote down the value of its loss making power plants by €8.8bn. [BBC News]

Chevron Corp.’s Gorgon natural gas project off Australia’s northwest coast boasts the world’s biggest carbon dioxide storage facility and will cost the company $54 billion. [Bloomberg]

A Japanese court has ordered the closure of two nuclear reactors previously declared safe under strict post-Fukushima safety rules. [The Guardian]