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Post-Brexit boost since Veolia promises investment

Veolia has decided to go on with its investment drive in the UK in spite of the political insecurity created by the country’s exit from the European Union.

read more... 26/07/2016

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KfW: Germany establishes new solar storage record

With the most photovoltaic capacity of any country in Europe, Germany has succeeded to store its excess solar power to bolster local usage.

read more... 25/07/2016

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Total signs long-term LNG supply agreement with Japanese company

A French multinational oil and gas firm, Total, inked a deal with a Japanese energy company Chugoku Electric for liquefied natural gas (LNG) supply for 17 years starting from 2019, according to the declaration of the French company on Friday.

read more... 25/07/2016

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SSE energy mix dominated by gas and oil power

Unfavorable weather conditions and a weak economy facilitated more electricity share from gas and oil fired power plants in the SSE portfolio from April to June.

read more... 25/07/2016

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Daily: Crude oil plunges 4 percent on the week hit by oversupply concerns

Crude oil prices ended lower on Friday, diving 4 percent on the week, reversing the fourth weekly rise as the U.S. oil rigs number increased, adding to oil oversupply worries. Brent crude dropped 51 cents, or 1.1 percent, to settle at $45.69 a barrel, after declining to $45.17, the lowest level since May 11. For the week, Brent eased 4 percent. U.S. West Texas Intermediate (WTI) crude fell 56 cents, or 1.3 percent, to close at $44.19. It lost 3.8 percent on the week.

read more... 25/07/2016

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