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Vestas will intensify tests of its giant offshore turbine

Vestas will intensify testing of its 8 megawatt (MW) wind turbine, the greatest in the world, by installing two of them in the port of Esbjerg in southern Denmark, as stated by the Danish company on Wednesday.

read more... 18/06/2015

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Daily: French prompt power prices jump on nuclear power plants outages

Crude oil prices diverged on Wednesday, with Brent crude increasing and WTI declining on Wednesday in agitating trading as both contracts slashed losses on uncertain outlook for interest rates by the Federal Reserve. Brent crude for August delivery boosted 17 cents to close at $63.87, having oscillating from $62.60 to $65.47 and ending back below its 50-day moving average of $64.16. U.S. crude for July delivery decreased by 5 cents to settle at $59.92, having fluctuated from $58.85 to $61.38.

read more... 18/06/2015

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Scottish government awards almost a quarter of a million pounds to fund investigation in geothermal sector

Five projects to explore the possibility of sites in Scotland producing geothermal energy have received funding from Scottish government.

read more... 18/06/2015

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Poland estimates first LNG shipping to Baltic Sea terminal in autumn

Poland's recently selected treasury minister Andrzej Czerwinski declared on Wednesday that first deliveries of liquefied natural gas (LNG) to the terminal at the Baltic Sea will probably come in autumn.

read more... 18/06/2015

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Low oil prices affect $200 billion in mega-projects

Deepwater oil projects and complex gas facilities estimated at approximately $200 billion have been annulled or delayed worldwide in latest months because of the sharp decline in oil prices over the past year, as stated on Tuesday by consultancy Ernst and Young.

read more... 17/06/2015

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