Killingholme gas-fired power plant in UK, operated by Centrica, is scheduled to cease its activities on March 1.
read more... 16/12/2015
WTI crude rebounded by about 2 percent on Monday, recovering modestly from 11-year lows. Both global benchmark Brent and WTI crude have declined aftermath an OPEC meeting on December 4 which resulted in removed production ceiling, worsening the global crude oversupply. Brent futures for January delivery shed 1 cent to settle at $37.92 a barrel. U.S. crude increased 69 cents, or 1.94 percent, to close at $36.31.
read more... 15/12/2015
French gas and electricity conglomerate Engie intends to announce the sale of its thermal power generation plants in United States, and others might follow, as reported in the financial daily Les Echos.
read more... 11/12/2015
Italy's power grid operator Terna has decided to purchase high voltage power line assets from Italy's state railways for 757 million euros ($834 mln), reinforcing its position as one of Europe's largest electricity transmission companies.
read more... 10/12/2015
Chinese power conglomerate CGN will make an investment of over 1 billion euros ($1.10 billion) to generate solar energy in France via a collaboration with a small Bordeaux-based firms that supplies photovoltaic panels constructed on farm sheds.
read more... 10/12/2015