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KEPCO signs $37.8 mln project in Dominican Republic

The state-run Korea Electric Corp. (KEPCO) said Friday it has won a US$37.8 million project to replace or build new power distribution facilities in the Dominican Republic.

read more... 17/08/2018

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FirstEnergy takes unwelcome step towards plant closures

FirstEnergy Solutions Inc (FES) has taken its next step towards the closure of three nuclear power plants, filing plans related to the decommissioning with the US Nuclear Regulatory Commission (NRC). The Beaver Valley, Davis-Besse and Perry plants are scheduled to close during the next three years unless legislative policy solutions can be found to keep them operating.

read more... 17/08/2018

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Swiss trader Axpo signs LNG deal with Pieridae Energy

Swiss trading company Axpo Group agreed a term-sheet with the Canadian LNG project developer Pieridae Energy to negotiate a sales and purchase deal for volumes from Goldboro LNG project in Nova Scotia.

read more... 17/08/2018

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Daily (16.08.2018): WTI crude dropped by 3% on Wednesday, due to a high level of crude inventories

Oil prices were bearish on Wednesday, as trade tensions weighed down on demand and investors kept selling amid increased output. Brent crude contract lost 2.4% to close at $70.76 a barrel. WTI crude dipped by 3% to $65.01 a barrel, due to U.S. production growth.

read more... 16/08/2018

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Turkey pushes ahead with natural gas infrastructure expansion

Turkey is pushing ahead with its gas infrastructure expansion plans despite a currency crisis exacerbated by burgeoning tensions with Washington.

read more... 16/08/2018

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