Oil prices edged back up on Friday after a sharp decline on Thursday, as oil producers have expressed confidence that the OPEC-led decision will bring down crude oil stocks.
read more... 29/05/2017
Canadian firm Innergex Renewable Energy has launched commercial operations at the 36.1MW Rougemont 1 and 38.9MW Vaite wind farms in France.
read more... 29/05/2017
Solar power has generated a record of 8.7 GW of electricity in Great Britain on Friday, accounting for 24.3% of demand, as stated by the transmission operator National Grid.
read more... 29/05/2017
Black Sea Oil & Gas declared it plans to launch production at two gas fields off Romania by 2019, becoming the first company to tap the country's vast offshore resources.
read more... 29/05/2017
Oil prices fell sharply on Thursday after an OPEC delegate said the oil producer group had decided to extend cuts in production by 9 months to March 2018. That statement disappointed several investors, who had expected that OPEC might reduce output even further to drain a global glut.
read more... 26/05/2017