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Daily: German spot power contract down on heavy renewable, thermal production
Crude oil prices slipped in a volatile trading on Wednesday, dragged down by a bigger-than-expected U.S. crude stockpiles increase that overshadowed Russia’s statements about a possible meeting with Saudi Arabia that renewed hopes for a production freeze deal. Brent futures lost 32 cents, or 0.7 percent, to settle at $46.63 a barrel, while U.S. crude WTI shed 24 cents, or 0.5 percent, to end at $45.57 per barrel.
read more... 17/11/2016
Sweden: Eolus Vind will construct 330 MW wind power farm in Norway
Norway's oil and energy ministry on Wednesday declared it gave final authorization to Sweden's Eolus Vind to construct a 330-megawatt wind power plant in Oeyfjellet, northern Norway.
read more... 17/11/2016
UK backs East African oil and gas sector development
The UK is well placed and has been sustaining the development of the East African oil and gas sector.
read more... 17/11/2016
Israel wishes 2-3 new energy companies to drill off its coast
Israel started to accept bids this week from energy firms wishing to drill for oil and gas in 24 offshore blocks, and its energy minister stated that in the end he would be happy selecting just two or three foreign exploration groups.
read more... 17/11/2016
French oil giant Total to install 200 MW of solar capacity at 5,000 service stations
French oil company Total confirms plan to invest more than $300 million in the solar project to equip 5,000 of its service stations across the world with solar panels, move that will slash Total’s electricity bill by $40 million a year and lower its annual carbon emissions by 100,000 tons.
read more... 16/11/2016