Latest news
China will purchase 33.5% stake in EDF’s Hinkley Point C nuclear facility in UK
China General Nuclear Power (CGN) has inked an investment deal with EDF for the building and operation of the suggested Hinkley Point C nuclear power station in Somerset, the country’s first new nuclear plant to be constructed in more than 20 years.
read more... 23/10/2015
Google will purchase stake in 310MW Lake Turkana wind farm in Kenya
Google has inked a deal to purchase 12.5% stake in the 310MW Lake Turkana wind farm in Kenya, from Danish wind turbine producer Vestas upon conclusion.
read more... 22/10/2015
BP inks a gas supply agreement of $10 billion with China's Huadian
Oil major BP has inked a $10 billion liquefied natural gas (LNG) supply agreement with China's Huadian electricity producer, signing the deal as part of Chinese President Xi Jinping's state visit to Britain.
read more... 22/10/2015
Daily: Europe spot power prices up on stronger demand, lower French nuclear capacity
Crude oil declined by about 4% on Monday, dragged down by a decrease in gasoline futures which added to pressure to a weakening market due to a slower growth in China and signs that Iranian oil will return to the market soon after the signature of its nuclear deal. The dollar appreciation and a weaker equity market on Wall Street weighed on the petroleum complex. Brent crude fell $1.85, or 3.7 percent, to settle at $48.61 a barrel. WTI crude lost $1.37, or 3 percent, to close at $45.89, in lighter volume ahead of Tuesday's expiry for November spot contract.
read more... 20/10/2015
Germany: EnBW to become third largest gas provider after E.ON and Wingas
Germany utility EnBW has inked a deal to acquire a 74% stake in gas firm Verbundnetz Gas Aktiengesellschaft (VNG) from German energy company EWE, for €1.43bn ($1.63bn), becoming the country's third-largest gas provider after E.ON and Gazprom's Wingas.
read more... 19/10/2015