Albania’s energy ministry said it has selected a consortium led by India Power Corporation Ltd for the construction of a 100 MW solar park worth 70 million euro ($79.3 million) in Akerni area, near the southwestern port city of Vlora.
read more... 12/11/2018
Total has announced that it has signed a concession agreement with Abu Dhabi National Oil Co. (ADNOC) to launch an unconventional gas exploration program in the high potential Diyab play that spreads over 6000 km2 to the west of the ADNOC Onshore concession in Abu Dhabi.
read more... 12/11/2018
Oil futures continued the bearish run on Thursday, on worries about global oversupply due to trade war between US and China, the world’s biggest economies. OPEC members stated that a reduction in outputs might be required. Brent crude significantly dropped by 2% to $70.65 a barrel. WTI crude also lost 1.6% to settle at $60.67 a barrel.
read more... 09/11/2018
Russian oil major Rosneft is sending half its oil production to Asia
read more... 09/11/2018
The Turkish Ministry of Energy and Natural Resources has issued a tender for 1 GW of onshore wind power capacity, with a bidding cap of USD 0.055 per kWh (EUR 0.048).
read more... 09/11/2018