Nordex intends to almost double sales over the next three years, as stated by the German wind turbine manufacturer on Thursday, encouraged by its latest 785 million euros ($844 million) purchase of Spanish company Acciona's wind power business.
read more... 13/11/2015
Iran and Iraq sealed a 6-year gas deal on November 11, under which Tehran will export 25 million cubic meters per day (mcm/d) to feed three power plants in Iraq’s port city of Basra.
read more... 12/11/2015
Morocco will obtain an investment estimated at €35 million (£24.8m) to increase the hydropower sector in the country.
read more... 11/11/2015
Crude oil prices declined as much as 1 percent on Monday, prolonging losses for a consecutive day, dragged down by new stockpile hike at the delivery point for U.S. crude futures and lower Wall Street share prices. On Monday, the front-month in Brent crude futures fell 23 cents, or 0.5 percent, to close at $47.19 a barrel. West Texas Intermediate (WTI) dropped 42 cents, or 1 percent, to settle at $43.87.
read more... 10/11/2015
Germany's third-largest utility EnBW declared on Monday it will increase retail power prices for the majority of the customers by 2.4 percent from Jan. 1, 2016, quoting higher network charges and a rising share of state-induced charges.
read more... 10/11/2015