The coal prices decreased on Tuesday by 2 dollars as consequence of the sales made by several banks on Monday. According to traders and utilities, it was a necessity to reduce prices from the level of 100 dollars per ton for the punctual South African cargoes, because of the rapid increase.
read more... 29/04/2010
First German offshore wind farm, Alpha Ventus, was inaugurated at a ceremony in Norddeich, situated 45 kilometers off the coast of the island of Borkum.
read more... 29/04/2010
At present, UK is a global leader in offshore wind energy generation, its growing offshore wind capacity reaching 1,041GW, as E.ON’s Robin Rigg wind farm and DONG Energy’s Gunfleet Sands farms started producing electricity.
read more... 28/04/2010
OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.
read more... 27/04/2010
After the official meeting that had taken place between Russian Prime Minister, Vladimir Putin, and Italian Prime Minister, Silvio Berlusconi, a decision has been made concerning the France’s EDF participation in the South Stream project.
read more... 27/04/2010