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E.ON and Statoil will construct $1.3 billion Baltic wind farm
E.ON and Statoil are scheduling a 60 turbine offshore wind farm for the German Baltic Sea. The $1.3 billion (€1.2 billion) wind farm, named Arkona, will be located close to the German island of Rügen.
read more... 22/07/2016
British second largest energy supplier SSE lost 50,000 customers
SSE, British energy supplier, one of the “Big Six” said it had lost another 50,000 electricity and gas customers over the three months ending June 30, as small suppliers are gaining market share from incumbents.
read more... 21/07/2016
UK: EDF Energy invests £100,000 in efficiency scheme
EDF Energy, the major low-carbon electricity producer in the U.K., made an investment of £100,000 in a scheme to install energy efficiency measures in flood-affected homes in Cumbria in the northwest of England, as stated by the company on Tuesday.
read more... 21/07/2016
Bulgaria, Romania, Ukraine ink gas deals
Gas network operators in Bulgaria, Romania and Ukraine inked gas interconnection deals to further link gas markets in the region, as announced by the European Commission (EC) late on Tuesday.
read more... 21/07/2016
Daily: Crude oil ends higher after ninth weekly U.S. crude drawdown
Crude oil prices boosted as much as 1 percent on Wednesday, rebounding U.S. crude from two-month lows after the U.S. government unveiled a ninth consecutive week of crude stockpiles draws, attenuating a part of worries about supply glut. Brent crude's front-month contract rose 51 cents, or 1 percent, to settle at $47.17 a barrel. U.S. West Texas Intermediate (WTI) crude contract for August delivery expired as the front-month after increasing 29 cents, or 0.7 percent, to settle at $44.94 a barrel. August contract attained a two-month low of $43.69 earlier. The September contract climbed 11 cents to end at $45.56.
read more... 21/07/2016