France will inaugurate a tender for wood-fired power plants for a total of 50 megawatt (MW) per year for three years and a tender for biogas-fired plants for 10 MW per year for three years, as stated by the energy ministry on Monday.
read more... 09/02/2016
Crude oil prices declined 3 percent on Monday, finishing down for a third consecutive day, dragged down by concerns that U.S. crude inventories have hiked to new record highs, while a Saudi-Venezuela meeting to spur prices showed no tangible progress. U.S. crude traded below $30 a barrel, ending down $1.20 at $29.69. Global crude benchmark Brent eased $1.18 to settle at $33.88.
read more... 09/02/2016
Morocco has achieved the first phase of the world’s largest concentrated solar power (CSP) plant.
read more... 08/02/2016
Centrica, largest household energy supplier in Great Britain, and its joint venture partner EIG Global Energy Partners have decided to sell three UK wind farms for a total of 423 million pounds ($616 million) to a consortium including the UK Green Investment Bank Offshore Wind Fund and other funds managed by BlackRock.
read more... 05/02/2016
Crude oil tumbled 2% in volatile trading on Thursday, as support from a depreciating dollar was eclipsed by speculation about possible talks the Organization of the Petroleum Exporting Countries and other oil producers to jointly cut output. Brent futures declined 1.6 percent, or 58 cents, to settle at $34.46 a barrel, after fluctuating between $34.15 and $35.84. WTI crude also ended lower, down 56 cents, or 1.7 percent, at $31.72 after swinging between $31.53 and $33.60.
read more... 05/02/2016