Latest news

Hitachi establishes new firm for UK nuclear project

Japan’s Hitachi has made known about the establishment of a new UK firm for a nuclear power project.

read more... 20/01/2016

news

Daily: Brent crude recovers from 12-years lows on record Chinese demand

Brent crude recovered on Tuesday from 12-years lows after figures indicated record demand in China, but the fears about oil oversupply put a lid on global gains and sent WTI crude down to its weakest level since 2003. Brent rose 0.7 percent or 21 cents to settle at $28.76 a barrel. It traded as high as $30.24, rebounding from $27.67 on Monday, its lowest level since November 2003. U.S. crude closed at $28.46 a barrel, down 96 cents or 3.26 pct, at its weakest point since September 2003.

read more... 20/01/2016

news

Removal of sanctions against Iran could hit oil

U.S. and Europe have finally lifted sanctions on against Teheran on Saturday, move that could shake up oil markets.

read more... 19/01/2016

news

Gamesa obtains new solar order in India

Gamesa has received a new order in India from green energy developer New Era Enviro for the development of 23 MW of solar power capacity across three projects sited in the state of Telangana.

read more... 19/01/2016

news

Shell exits major Abu Dhabi gas field project

Royal Dutch Shell declared on Monday it had decided to ditch a multi-billion-dollar plan to develop the Bab sour gas field in Abu Dhabi, the latest major project to fall victim to the worst oil-market recession in decades.

read more... 19/01/2016

news