Latest news
BP to ax 300 North Sea jobs amid oil price collapse
The British oil conglomerate BP has warned it is to cut 200 jobs and 100 contractor roles in the North Sea following a review of its operations.
read more... 16/01/2015
Germany: New milestone for offshore wind energy industry in 2014
Offshore wind capacity in Germany more than doubled in 2014, surpassing the 1GW mark.
read more... 16/01/2015
Yingly Green Energy links to the grid a 10MW solar power plant
Yingli Green Energy Holding Company Limited, one of largest solar panels manufacturers in the world, unveiled it has connected to the grid a 10 MW solar power plant in China's Hebei province.
read more... 15/01/2015
E.ON to divest its Italian coal and gas generation assets in the Czech Republic
German-based power utility E.ON is planning to divest its Italian coal and gas generation assets to Czech energy company Energeticky a Prumyslovy Holding (EPH).
read more... 15/01/2015
Daily: European coal import prices prolong their downturn trend
Global oil prices posted their largest hike in two-and-half years on Wednesday, recovering from a nearly six-year low as traders alienated from the bearish pressures of a worldwide oversupply to cover themselves on expiring options. Brent crude boosted $2.10, or 4.5 percent, to close at $48.69 a barrel, in its strongest daily percentage gain since June 2012. The benchmark reached a low of $45.19 on Tuesday, the weakest level since March 2009, amid U.S. stocks build-up and a persistent global supply glut. WTI crude oil settled at $48.48, boosting $2.59, or 5.6 percent, the biggest gain since August 2012.
read more... 15/01/2015