Latest news
Germany adds significant new offshore wind capacity
Germany added more than three times the quantity of offshore wind capacity in the first half of this year than in the same period of 2014 and the country hopes to reach half of its 2020 offshore objective of 6,500 megawatts (MW) later this year.
read more... 07/08/2015
Polish PGNiG to launch oil and gas exploration in Germany
Polish state-controlled oil and natural gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) is expected to commence oil and gas explorations in eastern Germany, as part of a bigger plan to boost production assets outside Poland.
read more... 07/08/2015
German E.ON to sell Italian hydroelectric plants to ERG
German utility giant E.ON on Thursday decided to divest its hydroelectric plants in Italy to ERG Group for around 1 billion euros ($ 1.09 billion).
read more... 07/08/2015
Daily: Crude oil prices continue to decline below $45 a barrel on oversupply
Crude oil futures prolonged their decrease on Thursday as a continuous global oversupply, a dollar appreciation and worries about China’s economy continued to impact the market. Brent crude declined 7 cents, or 0.1%, to settle at $49.52 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures lost 49 cents, or 1.1%, to close at $44.66 a barrel, its weakest settlement price since March.
read more... 07/08/2015
Siemens to invest in construction of its first offshore wind production facility in Germany
German engineering giant Siemens unveiled its plans to invest about €200m in the construction of its first production facility for offshore wind turbine components in Germany.
read more... 06/08/2015