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World launches 10 and decommissions eight nuclear reactors in 2015
Global nuclear generating capacity insignificantly rose in 2015 since 10 new reactors started to supply electricity and eight were permanently closes, as indicated by to World Nuclear Association data.
read more... 12/01/2016
Italy's: Major gas companies Italgas and 2i Rete Gas might merge
Italian state lender CDP is thinking about a potential merger of Italy's two most important gas distributors with joint assets of approximately 8 billion euros ($8.7 billion) since the sector gears up for major reform, as stated by four people familiar with the matter.
read more... 11/01/2016
WWF Scotland: “Huge year” for Scottish wind industry
Wind power generated the equivalent of 97% of Scotland's household electricity needs in 2015, being a “huge year” for renewable industry, according to figures released by WWF Scotland.
read more... 11/01/2016
Daily: Oil prices down for a fifth consecutive day, posting 10% decline on the week
Crude oil prices plunged for a fifth consecutive day on Friday, down 10% on the week, and Goldman Sachs argued more losses were needed to oblige producers to slash supplies enough to balance the oversupply and pessimistic outlook in the market. Brent eased 20 cents to settle at $33.55 a barrel. It attained a session low of $32.78, after decreasing on Thursday to $32.16, the weakest level since April 2004. For the week, Brent shed 10 percent, just behind the 11 percent decline in the opening week of 2015, which was a record loss for oil in the first full trading week of any year. WTI closed 11 cents lower at $33.16. It dropped to $32.64 earlier in the day, after slipping to $32.10 on Thursday, its lowest level since December 2003.
read more... 11/01/2016
Russia’s Gazprom Neft stops purchase in Vietnam’s Dung Quat refinery
Russia's Gazprom Neft, the oil division of major global gas producer Gazprom, has stopped negotiations to purchase a 49 percent stake in the operator of Vietnam's sole oil refinery, as indicated in a business report of the state-owned oil firm PetroVietnam seen by Reuters on Monday.
read more... 11/01/2016