Latest news
Terna acquires Italian railways' electricity line assets for 757 mln euros
Italy's power grid operator Terna has decided to purchase high voltage power line assets from Italy's state railways for 757 million euros ($834 mln), reinforcing its position as one of Europe's largest electricity transmission companies.
read more... 10/12/2015
China: CGN will make an investment of 1 billion euros in French solar project
Chinese power conglomerate CGN will make an investment of over 1 billion euros ($1.10 billion) to generate solar energy in France via a collaboration with a small Bordeaux-based firms that supplies photovoltaic panels constructed on farm sheds.
read more... 10/12/2015
Daily: Crude oil prices collapse for a fourth consecutive day
Crude oil prices plunged for a fourth day in row on Wednesday after the market neglected an unexpected decline in U.S. crude inventories to focus on a hike in distillates, including diesel, which rose two times more than expected. Brent crude decreased by 15 cents to settle at $40.11 a barrel, after touching a near seven-year low at $39.57. The benchmark has lost $3.73, or 8.5 percent, since Thursday, after the OPEC meeting on Friday. U.S. West Texas Intermediate (WTI) crude ended the session down 35 cents at $37.16.
read more... 10/12/2015
Total, Goldman Sachs: Oil and gas prices likely to fall further in 2016
The oil prices are not likely to recover in 2016, according to declarations made by France’s Total and Goldman Sachs at a time when Brent crude plunged below $42/barrel following OPEC 168th meeting which did not yielded any production cuts.
read more... 09/12/2015
Schneider Electric would like to be carbon neutral by 2030
Schneider Electric has fixed an objective to become carbon neutral by 2030.
read more... 09/12/2015