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Daily: Europe power spot prices tumble on firmer wind power supply
Crude oil prices tumbled as much 1 percent for a second consecutive day on Tuesday as an increasing dollar and a global fuel oversupply offset forecasts for weaker U.S. crude inventories. Brent crude eased 30 cents, or 0.6 percent, to close at $46.66 barrel. It lost 1.4 percent on Monday. U.S. crude West Texas Intermediate (WTI) crude declined 59 cents, or 1.3 percent, to end at $44.65. WTI fell 1.6 percent in the previous session. It posted the lowest settlement since May 9, when oil settled at $43.44. Brent's premium to WTI hit its highest level since the end of April, boosting the export potential for U.S. crude.
read more... 20/07/2016
Argentina will stop LNG imports by 2021/22
The country’s decision follows its plans to increase domestic gas production by encouraging upstream activities in the nation, counting shale gas.
read more... 20/07/2016
ENGIE to close the door of Twinerg combined-cycle gas turbine
French energy giant Engie decided to close the 385-MW Twinerg combined-cycle gas turbine by October 2016, following a similar decision by EDF Luminus to dismantle four of its gas-fired power plants.
read more... 19/07/2016
EIB guarantee deal of €100 million with Landesbank Saar covers 10 projects
The European Investment Bank (EIB) has inked a €100m guarantee agreement with Landesbank Saar (SaarLB) to offer the latter further scope to invest in clean energy.
read more... 19/07/2016
Scotland gives £3 million to develop wave energy
The Scottish government gives £3 million to projects which develop wave energy in Scotland.
read more... 19/07/2016