Latest news
E.ON UK to raise energy prices by 10 percent from April
E.ON UK will raise its standard variable energy prices by just over 10 percent from April, becoming the first of Britain’s “big six” energy firms to announce a rise in line with regulator Ofgem’s new price cap.
read more... 12/02/2019
Iberdrola picks MHI Vestas turbines for 476-MW German project
Iberdrola has chosen MHI Vestas Offshore Wind as preferred turbine supplier for the 476-MW Baltic Eagle offshore wind farm in the Baltic Sea, the Spanish utility informed on Monday.
read more... 12/02/2019
BP starts producing gas from major field in Egypt
BP is celebrating its first gas production from the second stage of its West Nile Deltadevelopment offshore Egypt.
read more... 11/02/2019
Daily (11.02.2019): German spot power prices plummeted by nearly 84% on Friday due to lower demand and rising wind output
Oil prices rose on Friday, due to the modest support from the news that specific trade issues might be resolved between U.S. and China by March 1. Brent oil climbed by 0.8% to $62.10 a barrel. At the same time, WTI crude edged 0.2% up at $52.72 a barrel.
read more... 11/02/2019
Kazakhstan achieves biggest oil extraction in its history
Kazakhstan achieved the biggest oil production in its history during 2018, with 90 million tons, governmental sources said on February 8. In 2017, crude oil output amounted to 86.2 million tons.
read more... 11/02/2019