Germany is on the track to surpass the UK as top offshore wind installer this year, according to new figures from GlobalData.
read more... 07/05/2015
Russia announced it will double natural gas deliveries to Ukraine since the beginning of May after the countries prolonged a temporary agreement on pricing, while exports to European countries also increased, as shown by figures.
read more... 07/05/2015
Crude oil prices rallied to a new 2015 peak on Wednesday following the first drawdown in U.S. crude stockpiles since January and dollar depreciation. Brent crude touched a 2015 peak of $69.63 before turning negative at one point. It rose by 25 cents to settle at $67.77. U.S. crude futures jumped more than $2 to hit the year's high of $62.58 a barrel, before ending just 53 cents higher at $60.93.
read more... 07/05/2015
Danish Energy Agency has ordered French oil and gas giant Total to cease exploration drilling at the country’s first shale gas prospect a day after it started because the French giant has used Null Foam, a chemical product not approved by local authorities for utilization during the drilling.
read more... 07/05/2015
Spanish company Iberdrola inked a contract with petrochemical company Dynasol envisaging construction of a cogeneration power plant in the northeastern Mexican state of Tamaulipas.
read more... 06/05/2015