Latest news
Gamesa strikes agreement with Eolus Vind for G114-2.0 MW turbine supply
The global technological leader in the wind industry Gamesa, inked a deal with Swedish wind power developer Eolus Vind, envisaging the supply of four of its G114-2.0 MW wind turbines in the Scandinavian market.
read more... 17/02/2014
Daily: Brent crude price up, WTI down
Brent crude oil futures posted a gain in late session trading on Friday, spurred by demand for heating oil due to cold winter and snow in the U.S. Northeast as well as by tightened supply due to interruptions in Libya and Angola.
read more... 17/02/2014
Russia to increase its oil and gas production
Deputy Energy Minister, Kirill Molodtsov, declared that Russia is likely to increase its oil production by 0.3% to 525 million tons in 2014, about 10.54 million barrels per day, which could be the highest level Russia has attained since the collapse of the Soviet Union. The significant growth was attributed to changes in tax law, which has stimulated development of new fields and hard-to-recover reserves.
read more... 14/02/2014
Daily: British gas prices down to nearly an eight-month low
Brent crude oil futures decreased on Thursday, dragged down by a forecast showing a decline in demand during refinery maintenance season and an increase in jobless claims in the United States, the greatest oil consumer in the world.
read more... 14/02/2014
EDF Energy generated its highest amount of nuclear power in UK in 8 years
The French state-controlled company EDF Energy has announced that last year it has generated its highest amount of nuclear power in the UK for the last eight years, increasing its earnings by 1.4 per cent to £1.69bn from £1.67 in 2012, driven by the performance of its eight nuclear power stations. According to the company’s annual results, the nuclear power output rose by 0.5 TWh attaining 60.5 TWh in 2013.
read more... 14/02/2014