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Japan's Marubeni might construct coal power plant in Egypt

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

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Daily: Crude oil prices close up for third consecutive day on OPEC producers meeting

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

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Croatia might choose to construct a floating LNG terminal

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

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Vestas signs Norwegian agreement

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

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Siemens will install 54MW in Turkey

Siemens is likely to supply and install 54MW at Esinti Enerji's Kinik wind park in Turkey.

read more... 02/03/2016

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