Italian gas transport company Snam intends to more than double gas pipeline capacity between Spain and France to diminish Europe's reliance on Russian gas, as stated by Snam's chief executive.
read more... 11/06/2015
Oil hiked for a second straight day on Wednesday, with U.S. crude approaching to a one-month high and gasoline reaching its highest price since November, as a considerable U.S. stocks drawdown increased the outlook for summer fuel demand. U.S. crude inched up $1.29, or 2.1 percent, to close at $61.43 barrel, after touching a May 13 high of $61.82. Brent crude settled at $65.70, up 82 cents, or 1.3 percent. Its session peak was $66.36.
read more... 11/06/2015
China will keep its leadership position in terms on annual solar installations, adding more than 17.6 GW of photovoltaic (PV) capacity by the end of 2015.
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E.ON Russia intends to discuss inking a new gas-purchase contract with Russian state oil firm Rosneft, E.ON's Russian division declared on Tuesday.
read more... 10/06/2015
Britain has given planning authorization for a 1 billion pound ($1.5 billion) tidal lagoon project in Wales able to produce sufficient electricity to power approximately 155,000 households, as stated by the Department of Energy and Climate Change (DECC) on Tuesday.
read more... 10/06/2015