Coriolis Energy and Ireland's Electricity Supply Board (ESB) have decided to jointly develop nine onshore wind farms across Britain capable of producing sufficient electricity to power 225,000 homes, according to their statement on Tuesday.
read more... 29/04/2015
Hurt by decreased electricity, Vattenfall will slash 1,000 jobs and close its two oldest nuclear reactors earlier than intended, as stated by the Swedish state-owned utility on Tuesday.
read more... 29/04/2015
Crude oil prices were under pressure on Tuesday, with Brent ending lower and U.S. crude near flat, as concerns about a record high in U.S. crude stockpiles slashed gains from an early increase on security worries in the Middle East and a weak dollar. Brent crude declined by 19 cents, or 0.3 percent, to close at $64.64 a barrel, after soaring to as high as $65.49. WTI crude rose by 7 cents at $57.06, after trading to as high as $57.83.
read more... 29/04/2015
A group of European solar panel producers has placed a new complaint with EU regulators, blaming Chinese competitors of trying to avoid import tariffs by shipping their products via third countries.
read more... 29/04/2015
Norway's Statoil should continue with the postponed improvement of the Snorre oil and gas field in the North Sea since it is a time-critical investment, as stated by energy minister Tord Lien on Monday.
read more... 28/04/2015