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Norway: Kollsnes gas plant to be partially closed in May and September

Norway's biggest gas-processing plant, Kollsnes, will be partially closed from May 6-20 and from September 2-20 next year, gas system operator Gassco declared on Friday, announcing its 2017 maintenance plans.

read more... 20/12/2016

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TPI Composites targets 25% turbine blade sales increase

Wind turbine blade maker TPI Composites intends to raise its sales by a quarter each year for the next few years, its chief executive told Reuters, as demand for wind power around the world continues to surge.

read more... 19/12/2016

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China's State Grid seals acquisition of stake in Greek electricity grid

China's State Grid, the world's largest utility, inked on Friday the acquisition of a minority stake in Greece's electricity grid operator ADMIE, China's second huge investment in the debt-laden nation in a matter of months.

read more... 19/12/2016

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Daily: Crude oil prices rebound as Goldman Sachs hikes oil forecast for 2017

Crude oil prices edged higher on Friday, hitting nearly a 17-month high after Goldman Sachs increased its forecast for 2017 and producers showed signs of joining to a global deal to slash output. Brent futures rose by $1.19, or 2.2 percent, to settle at $55.21 a barrel, while U.S. West Texas Intermediate crude advanced $1, or 2 percent, to close at $51.90 per barrel. The premium of the Brent front-month over the same U.S. contract closed at $2.26 a barrel, its highest since the end of August.

read more... 19/12/2016

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Polish regulator authorized PGNiG gas price increase for Q1 2017

Poland's largest gas company PGNiG will raise the price of high-methane gas it sells by 12.2 percent and the price of nitrogen-rich gas by 13.4 percent from the beginning of next year, the firm said, mentioning an approval from energy regulator URE.

read more... 19/12/2016

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