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Iberdrola plans to boost U.S. renewable power by about 50 percent: CEO
Iberdrola SA, the world’s biggest wind power producer, plans to expand its renewable capacity in the United States by about 50 percent over four years as part of the Spanish electric utility’s global plan to reduce carbon emissions, its chief executive told Reuters on Monday.
read more... 25/09/2018
Turkish Petroleum awards US cooperation for Mediterranean offshore drill
Turkish Petroleum signs contract with the U.S. based Rowan Companies for drilling two hydrocarbon wells in the Mediterranean Sea for an estimated period of 100-140 days, the U.S. company announced on Monday.
read more... 25/09/2018
Daily (21.09.2018): German spot electricity price plunged by 30% on Thursday, on forecasts for higher wind generation
Oil crude futures dropped on Thursday, as President Donald Trump urged Organization of the Petroleum Exporting Countries to reduce prices. Brent crude was 0.9% down at $78.70 a barrel. WTI crude lost 1.1% to 70.32 a barrel, despite a draw in inventories.
read more... 21/09/2018
Marine energy firm secures £10.3m wave of EU funding
A wave technology company has secured funding worth £10.3 million from the EU for a demonstration project.
read more... 20/09/2018
Russian piped gas is critical for Europe's supply needs
The European Union's decision on the route and volume of natural gas flow through Russia's new pipeline infrastructure, namely the Nord Stream 2 and TurkStream pipelines, remains critical to meeting Europe's requirement for liquefied natural gas (LNG), according to an expert at Wood Mackenzie late on Tuesday.
read more... 20/09/2018