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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

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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

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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

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Daily: POKEMON GO could lead to increased oil demand

Crude oil prices lost ground on Monday, down over 1 percent after increasing inventories of crude and refined fuel intensified concerns about another oversupply. An attempted coup in Turkey has only briefly supported the market. The application Pokemon GO is the potential for a substantial increase in car use which could lead to higher oil consumption to the level of hundreds of thousands of barrels a day.

read more... 19/07/2016

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Closure of British Rough gas storage facility extended into 2017

The closure of British largest gas storage facility, Rough, was prolonged into March or April 2017 on Friday, increasing fears that Britain could enter winter season with record low inventories and soaring gas prices.

read more... 18/07/2016

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