Latest news
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
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
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
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
Four groups present preliminary offers for Vattenfall German plants
Four energy conglomerates counting three from Czech Republic placed initial bids for German lignite-burning power plants, mines and hydro power stations put on sale by Swedish state utility Vattenfall on Friday, as stated by investors and sources close to the matter.
read more... 22/12/2015