Latest news
Enlight eyes European mega-farm
Israeli outfit Enlight Renewable Energy is in negotiations to buy an undisclosed 300MW wind farm located in Western Europe.
read more... 05/06/2018
Russia and Pakistan set to sign $10 billion offshore pipeline deal this week
In a major breakthrough, Pakistan and Russia are poised to sign a $10-billion offshore gas pipeline deal, a project planned by the latter to capture the energy market of Pakistan.
read more... 05/06/2018
EBRD, IFC, FMO to finance improvements to electrical grid, boost PV capacity in Turkey
The EBRD, IFC and Dutch Development Bank (FMO) have announced a partnership to finance improvements to Turkey’s electricity distribution network in the country’s Osmangazi region in western Anatolia.
read more... 05/06/2018
Daily (04.06.2018): The French day-ahead power price tumbled by 38.7% on Friday due to lower demand
Oil prices fell on Friday, after U.S. President Donald Trump's declaration on trade boosted the dollar, reducing greenback-denominated commodities, including crude. Brent futures lost $0.8, or 1%, to end at $76.79 a barrel. WTI crude dropped by $1.23 a barrel to end at $65.81 a barrel.
read more... 04/06/2018
Iraq started exporting oil to Iran from one of world’s largest deposits
Iraq has begun export deliveries of oil from the fields of the Kirkuk province to Iran. Transportation of oil from Kirkuk to Iran is a part of an agreement concluded between the two states’ oil ministries providing for exports in the amount of 30 to 60 thousand barrels per day.
read more... 04/06/2018