An investment estimated at $800 million (£520m) will be made to develop Pakistan’s power sector.
read more... 30/11/2015
Acciona Windpower will supply 66MW for a wind farm in the north-east of Brazil.
read more... 30/11/2015
Crude oil futures slashed previous losses to close steady on Wednesday after a smaller-than-expected supply increase in the United States and a decline in the number of U.S. rigs actively drilling for oil. Brent crude futures rose 5 cents to settle at $46.17 on Wednesday, after slipping more than $1 to a session low of $45.03. U.S. crude's WTI futures ended the session 17 cents higher at 43.04 a barrel. WTI had also shed over $1 to hit an intraday low of $41.72.
read more... 26/11/2015
Egypt has obtained a first tranche of funding for an 8 billion euro ($8.5 billion) plan for power plants to be constructed by Germany's Siemens, as stated by the company and electricity ministry.
read more... 24/11/2015
German utility company RWE envisages selling its British business Npower, as billing glitches triggered an exodus of customers, declared Bernhard Guenther, its chief financial officer (CFO).
read more... 23/11/2015