Japan's Marubeni Corp and Egypt's El Sewedy Electric have settled with Egypt's state-run power utility to conduct a feasibility study into the building of a coal-fired electricity plant in Egypt.
read more... 03/03/2016
Crude oil prices closed up for a third straight day in row on Wednesday as buyers neglected a record high in U.S. crude inventories to focus on an OPEC plan to freeze output. Brent futures rose 12 cents to close at $36.93 a barrel. They have climbed more than $1.80, or 5 percent, since Friday's settlement. U.S. crude's West Texas Intermediate (WTI) futures edged 26 cents higher at $34.66 a barrel. Only in mid-February, WTI plunged to a 2003 low of $26.05.
read more... 03/03/2016
Croatia could initially opt for the construction of a floating instead of land-based liquefied natural gas (LNG) terminal in the northern Adriatic to make it operational more rapidly, as stated by the government on Wednesday.
read more... 03/03/2016
Vestas will supply 52MW for wind farm in north-east Norway, Hamnefjell Vindkraft, a joint venture between Finnmark Kraft and Ardian.
read more... 02/03/2016
Siemens is likely to supply and install 54MW at Esinti Enerji's Kinik wind park in Turkey.
read more... 02/03/2016