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Belgian utility to start construction on 215 MW biomass power plant in 2016

Belgian Eco Energy (Bee) declared lately that it intends to start construction on a 215 MW commercial biomass power plant in Ghent, Belgium, early next year.

read more... 21/10/2015

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UK: gas-fired power plant of 735MW will re-open

A gas-fired power station with a capacity of 735MW is likely to re-open in North Lincolnshire.

read more... 21/10/2015

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Daily: Oil closes mixed, with WTI slipping before stockpiles report

Crude oil prices diverged on Tuesday, with WTI crude closing down slightly, as traders awaited the U.S. government’s stockpiles figures amid a global supply glut that was dragging down prices. According a preliminary report by the industry group American Petroleum Institute (API), U.S. crude inventories had boosted 7 million barrels last week. Brent futures for December delivery edged 10 cents higher to settle at $48.71 a barrel. U.S. crude futures for November delivery, which expired at Tuesday's settlement, dropped 34 cents to close at $45.55 per barrel.

read more... 21/10/2015

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Global leaders call for carbon pricing policies adoption

World leaders including German Chancellor Angela Merkel, Philippines President Benigno Aquino III and French President Francois Hollande, the heads of the International Monetary Fund and World Bank have urged countries and companies to adopt carbon pricing policies ahead of a United Nations climate change summit in Paris in December in order to speed up efforts to fight against climate change.

read more... 20/10/2015

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Iran to ramp up oil production by 500,000 barrels per day one week after sanctions

Iran vows to ramp up its crude oil production within one week once international sanctions are removed and decided to recover its lost market share, said Bijan Namdar Zanganeh, Iran’s energy minister.

read more... 20/10/2015

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