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Finnish Fortum to build 250 MW solar plant in India
Solar Energy Corporation of India awarded Finland's Fortum the right to build a 250-megawatt (MW) solar power plant in Rajasthan in northwestern India, the company announced on Monday.
read more... 04/03/2019
Daily (01.03.2019): EU carbon prices topped €22 a tonne on Thursday, rising for the fifth consecutive day
Brent crude price reversed trend, turning bearish on Thursday, influenced by lower factory output reported by the two Asia’s biggest economies – China and Japan. The record level of U.S. crude stockpiles also weighed on prices. On top of that, the lack of a deal after the two-day summit between U.S. president Trump and North Korean leader Kim Jong Un left the financial markets under pressure. Brent crude edged 0.5% down at $66.03 a barrel. Nevertheless, OPEC-led supply cuts and last week’s decline in crude U.S. crude imports to a two-decade low supported WTI crude price, which inched 0.5% up at $57.22 a barrel.
read more... 01/03/2019
UK's main oil pipeline set for £500M upgrade
Ineos has announced a £500M investment to prolong the life of the UK’s main oil and gas pipeline.
read more... 01/03/2019
ExxonMobil announces huge gas discovery offshore Cyprus
ExxonMobil has announced a huge discovery of natural gas off the coast of Cyprus.
read more... 01/03/2019
RWE inks PPA for 219 MW of offshore wind in Belgium
RWE Supply & Trading GmbH has signed a power purchase agreement (PPA) for the full output of the 219-MW Northwester 2 offshore wind farm to be built in Belgian waters.
read more... 01/03/2019