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Gazprom put into operation two combined cycle gas turbine units at home

Gazprom has put into operation two combined cycle gas turbine units (CCGT-420) in Russia, one at CHPP-20 power plant in Moscow and another at Serov SDPP power plant in Sverdlovsk region.

read more... 28/12/2015

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Spain's Abengoa inks an agreement with creditors for emergency loan

Spanish thermal solar power and engineering company Abengoa inked an accord with its creditor banks on Thursday for a 106-million-euro ($116.1 million) credit line to aid prevent what would be Spain's biggest-ever bankruptcy.

read more... 28/12/2015

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Gazprom awards Chinese gas pipeline agreements to Putin ally

Russia's Gazprom has offered Stroygazmontazh (SGM) agreements estimated at 197.7 billion roubles ($2.8 billion) for work on the construction of the Power of Siberia gas pipeline to China, as shown in the tender documents published on a government website.

read more... 28/12/2015

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Daily: European spot power prices decline ahead of Christmas

Oil futures continued to recover from multiyear lows on Wednesday, closing sharply higher after figures showed that U.S. crude stockpiles recorded an unexpectedly large decline previous week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February rebounded $1.36, or 3.8%, to settle at $37.50 a barrel. Brent crude for February delivery on London’s ICE Futures exchange rose $1.25, or 3.5%, to end at $37.36 a barrel, ending a five-session losing streak.

read more... 24/12/2015

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AWEA: U.S. wind power industry to a record high

The American wind power industry has surpassed the 70 GW mark for the installed wind power, as unveiled by the American Wind Energy Association (AWEA).

read more... 23/12/2015

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