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Finnish Fortum nuke plant hit a new production record

Finland energy company, Fortum's Loviisa nuclear power plant hit a historical peak power generation in 2017 producing over 10 percent of Finland's total electricity. Loviisa produced 8.16 billion kilowatt-hours of power.

read more... 05/01/2018

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Siemens Gamesa to construct the first private wind park in Egypt

Siemens Gamesa obtained 262MW turbine supply and a 15-year maintenance contract in Egypt.

read more... 05/01/2018

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Daily (05.01.2018): WTI crude rose 0.6% to the highest level in 3 years

Oil rose above $68 a barrel to its highest since December 2014 on Thursday after conflicts in Iran raised concerns about supply risks, with support also coming from OPEC-led production cuts and demand-boosting cold weather in the US. Brent crude ended 23 cents, or 0.3%, at $68.07 a barrel. Meanwhile, U.S. crude increased 4 cents to $61.67 and also touched its highest since May 2015.

read more... 05/01/2018

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Shell decided to sell shares of Hong Kong and Macau LPG

On December 31, 2017, Shell accomplished the sale of the first stage of its Hong Kong and Macau Liquefied Petroleum Gas (LPG) marketing business to DCC LPG, a major international sales, marketing and support services group.

read more... 04/01/2018

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German RWE restructures its gas, coal production business

German firm RWE AG has reorganized its gas, hard coal, hydroelectric power and biomass generation businesses to merge within its subsidiary RWE Generation.

read more... 04/01/2018

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