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Huge substation starts from Spain to German Baltic

One of the biggest offshore substations in the world has started a three week trip from Cadiz in southern Spain to the German area of the Baltic Sea, where it will finally be located at the 350 MW Wikinger offshore wind farm.

read more... 17/08/2016

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Britain gives the consent for world’s largest wind firm Hornsea Two

British government gave the go ahead for plans to expand an offshore wind farm project off the Yorkshire coast which could ultimately have more than 600 turbines spread across an area of the North Sea more than twice the size of London.

read more... 17/08/2016

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Iraq launches natural gas processing plant in southeast region

Iraq started running a new natural gas processing plant for oil fields in the southeastern area on Sunday as part of a plan to employ gas that was previously flared to produce power, as stated by the oil ministry.

read more... 17/08/2016

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Daily: Oil hits fourth-consecutive day of gains, European power prices gain ground on firmer demand, tight nuclear

Crude oil futures settled higher on Tuesday, with prices posting a fourth consecutive session gain, spurred by U.S. dollar weakness in a context of revived talks to limit production next month. September West Texas Intermediate crude rose 84 cents, or 1.8%, to settle at $46.58 a barrel on the New York Mercantile Exchange. October Brent crude on London’s ICE Futures exchange increased 88 cents, or 1.8%, to settle at $49.23 a barrel. WTI and Brent both rallied at their highest levels in more than a month.

read more... 17/08/2016

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Japan's Jera plans 42 percent reduction in long-term LNG agreements by 2030

Japan's Jera Co, the world's largest importer of liquefied natural gas (LNG), a joint venture between Tokyo Electric Power and Chubu Electric Power, intends to reduce the amount of gas it acquires under long-term agreements by 42 percent by 2030 from existing levels, as stated by the company's president.

read more... 16/08/2016

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