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Gazprom and CNPC to collaborate on gas-fired generation in China

Russian gas giant Gazprom and Chinese state-owned oil company CNPC will work on a new partnership to build underground gas storage (UGS) and gas-fired power generation facilities in three Chinese locations.

read more... 29/06/2016

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U.S. , Mexico and Canada pledge 50% of power from clean sources by 2025

The United States, Mexico and Canada are set to conclude a new regional deal at the Three Amigos summit in Ottawa this week to produce 50% of their combined electricity by 2025 from clean energy sources, including wind, solar, nuclear and hydropower.

read more... 29/06/2016

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Total and Qatar Petroleum to create a new company to develop Al-Shaheen oil field

French oil giant Total inked a deal with state-owned Qatar Petroleum to create a new company, called the North Oil Company.

read more... 29/06/2016

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Daily: European spot power prices decline on mild weather, firmer wind, solar supply

Crude oil prices rose over 3 percent on Tuesday, with investors buying back into the market after a two-day a two-day rout caused by Britain’s vote to quit the European Union. Brent crude futures advanced 3 percent, or $1.42, to close at $48.58 per barrel. U.S. crude climbed 3.3 percent, or $1.52, to settle at $47.85.

read more... 29/06/2016

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Norway-England subsea power link to advance despite Brexit

The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.

read more... 28/06/2016

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