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Hungary will begin constructing new nuclear blocks in 2018

Hungary intends to start building two new blocks at its Paks nuclear power plant, which provides approximately 40 percent of the country's electricity requirements, in 2018, as stated by Government Commissioner Attila Aszodi on Tuesday.

read more... 18/11/2015

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Daily: British gas prices evolve differently as strong imports offset weaker domestic production

Crude oil futures lost more than 2 percent on Tuesday, continuing their decline after a one-day pause, as U.S. stockpiles boosted for an eight consecutive week. U.S. WTI futures fell $1.07, or 2.6 percent, to settle at $40.67 a barrel. Brent crude futures eased 99 cents, or 2.2 percent, to close at $43.57 a barrel.

read more... 18/11/2015

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Turkish Stream project may be launched shortly

Russia and Turkey will conduct talks on the Turkish Stream pipeline construction in December this year, Gazprom head Alexei Miller told reporters in Antalya.

read more... 17/11/2015

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Daily: Crude oil rebound, wiping out previous losses

Crude oil prices rebounded on Monday, wiping out previous losses, after nearing the psychologically key $40-a- barrel level. WTI crude rose $1, or 2.5%, to settle at $41.74 a barrel. Brent, the global benchmark, boosted by 9 cents, or 0.2%, to close at $44.56 a barrel on ICE Futures Europe.

read more... 17/11/2015

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25 MW floating wind farm off Portugal – Europe’s second ever

EDP Renovaveis made known on Monday it has reached an agreement with four other firms to develop a 25-MW offshore floating wind project in Portugal.

read more... 17/11/2015

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