Crude oil prices posted a modest increase on Thursday, as growing U.S. stockpiles against possible renewed efforts by major oil producers to reduce the supply glut weighed on the market.
read more... 17/02/2017
Statoil will phase out its Mongstad combined heat and power plant (CHP) in Norway following several years of unprofitable operations.
read more... 16/02/2017
A group of investors have requested the G20 to stop fossil fuel subsidies by 2020. The businesses, which are estimated at a total of $2.8 trillion (£2.25tn) and comprise insurance companies Aviva, KBI and Legal and General, declared the backing for production and consumption of fossil fuels is a significant concern to the finance sector.
read more... 16/02/2017
Gamesa has won orders to provide turbines for seven wind parks in India with a combined capacity of 278MW.
read more... 16/02/2017
Crude oil prices posted a slight decline on Wednesday in a volatile trade, dragged down by a record high in U.S. crude and gasoline stockpiles which fed concerns about a supply glut. However, the bearish inventories data were offset by evidence that OPEC and other producers were complying with agreed supply cuts.
read more... 16/02/2017