Norway's Statoil and Statkraft will construct the Dudgeon offshore wind farm off the coast of Norfolk in Britain, according to Statoil on Tuesday. It is estimated that the cost will be around 1.5 billion pounds ($2.57 billion).
read more... 02/07/2014
Brent crude declined toward $112 a barrel on Monday, touching an 18-day low, while U.S. crude dropped near $105 as investors’ worries about eventual supply disruptions from Iraq eased. Brent slipped 94 cents to close at $112.36 a barrel, its weakest settlement since June 12. WTI crude inched 37 cents down to settle at $105.37 a barrel, also its lowest since June 12.
read more... 01/07/2014
France's GDF Suez and Japan's Toshiba will proceed with plans to expand Europe's largest nuclear power project in northwest England, after finalizing the transaction, according to their joint venture on Monday.
read more... 01/07/2014
Scotland, heading for a September independence referendum, might possess sufficient shale gas resources to satisfy UK gas necessities for over 30 years, according to a geological report publicized by the British government on Monday.
read more... 01/07/2014
Romania's energy regulator ANRE will reduce the tax for cogeneration, or combined heat and power, by approximately half, attaining 0.00996 lei per kilowatt from July, according to a statement on Monday.
read more... 01/07/2014