Latest news
RWE commissions officially the Agilde hydro plant in Portugal
UK-based RWE Innogy and its Portuguese partners have officially commissioned the Agilde hydroelectric power plant in Portugal after an 18-month construction period.
read more... 28/11/2012
Daily: UK spot gas climbs on cold weather, despite oversupply
Brent and U.S. crude futures dropped for a second consecutive day on Tuesday on worries about weak demand for petroleum which were intensified by concerns about the euro zone economy and U.S. budget talks aimed to avert mandated tax increases and spending cuts.
read more... 28/11/2012
Daily: Brent and U.S. crude end lower on concerns about Greek debt, U.S. budget
Brent and U.S. crude oil futures declined on Monday on worries about efforts to deal with Greek debt and U.S. budget which countered any supportive impact from fears about potential Middle East oil supply disruptions.
read more... 27/11/2012
Russia’s Nord Stream is likely to reach UK
According to an English newspaper BP was in "secret talks" with Gazprom to develop the twin Nord Stream pipeline to Britain. The BP director for Russia David Peattie has announced that talks were in the initial phase, while the British Prime Minister David Cameron stated that it will support the project.
read more... 27/11/2012
Spanish renewable energy companies look to South Africa for new opportunities
The Spanish government was forced to suspend their subsidies for renewable energy in January this year, in the attempt to face the current debt crisis. Spain, which is a pioneer in developing renewable energy plants, had come to realize that the subventions were a burden, than assistance. The scheme had already accumulated debts for €24 billion by the end of 2011.
read more... 27/11/2012