Latest news
Gazprom's unit installs two Ansaldo gas turbines at Serbian power plant
Gazprom Energoholding, a subsidiary of Russia's Gazprom, has completed the installation of two gas turbines at the 200 MW Pancevo gas-fired combined cycle power plant in Serbia, it said.
read more... 07/08/2019
Renewables produce 29.8% of Spain's power in July
Renewable energy power plants generated 29.8% of electricity in Spain in July, down from a 33.3% share in June, according to estimates by Spanish grid operator Red Electrica de Espana (REE).
read more... 07/08/2019
Daily (06.08.2019): Brent crude declined by 3.4% on Monday, due to trade war concerns between China and U.S.
Crude oil prices extended losses on Monday, after U.S. President Donald Trump threatened to impose more tariffs on China, which could dent crude demand. As a result, Brent crude traded 3.4% lower at $59.81 a barrel, while WTI futures dropped by 1.7% to $56.78 a barrel.
read more... 06/08/2019
Cairn Energy sells £50 stake in Nova development
Scottish oil and gas firm Cairn Energy has announced that it has sold off a stake in its Nova development off the coast of Norway.
read more... 06/08/2019
EU backs 21 wind farms in Spain with €385m financing
The European Investment Bank (EIB) is lending up to €385 million (£354m) to support the construction of 21 new wind farms in Spain.
read more... 06/08/2019