Latest news
Envision Energy will spend $1.1 billion to develop in Europe
Chinese wind turbine manufacturer and energy management conglomerate Envision Energy intends to spend approximately 1 billion euros ($1.1 billion) on acquisitions and collaborations in Northern Europe over the next 3-5 years, as stated by its chief executive and founder on Tuesday.
read more... 28/09/2016
UK: Oil and gas production up, investments and exploration down
According to Oil & Gas UK annual latest report, published yesterday, the production of oil and gas in the UK increased by more than 10% in 2015 for the first time in 15 years. The increase was due to a succession of new projects in the North Sea along with developments of technological innovations in order to get the best out of the extraction from the existing fields.
read more... 28/09/2016
Daily: Increase in wind power production hits German spot
Oil futures reduced by approximately 3% on Tuesday after both Iran and Saudi Arabia played down anticipations for an agreement to freeze or cut crude output at the thoroughly watched informal OPEC meeting on Wednesday.
read more... 28/09/2016
Cyprus considers Bulgaria as part of plans to transit gas to Europe
Bulgaria wants to attract natural gas deliveries from Cyprus through scheduled gas hub at the Black Sea to carry gas from Russia and the Caspian Sea to southern and central Europe and further.
read more... 27/09/2016
Four British electricity firms claim for carbon tax extension
Four British electricity producers have called on the government to preserve the country's carbon tax until minimum 2025, according to a letter observed by Reuters, putting them at odds with industrial groups who want it clashed.
read more... 27/09/2016