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Daily: Brent crude holds near 13-month low on shaky European economy
Brent crude rose on Friday, but valued near a 13-month low below $103 a barrel as a precarious European economy increased worries about demand in an oversupplied market. Brent crude increased by 48 cents to trade $102.55 a barrel by 02:21 GMT, but the September contract, which expired on Thursday, had dropped $2 to close at $102.01, the weakest level since June 2013. U.S. crude rebounded 12 cents to trade at $95.70 a barrel.
read more... 18/08/2014
Ukraine: Coal sector hit by the conflict jeopardizes power market
Intense combating in eastern Ukraine has required coal mines to slash production or close completely, jeopardizing the nation's electricity market and potentially obliging the government to reduce exports or straiten consumption.
read more... 18/08/2014
Gamesa to enter the Chilean wind market
Gamesa, Spain’s largest wind turbine maker finished building a 36-megawatt wind farm in southern Chile.
read more... 15/08/2014
Britain: Solar power subsidy scheme to be scrapped earlier
Subsides for new solar power plants in Britain might be probably stopped two years earlier than anticipated in order to avoid the costs increase, according to the British government.
read more... 15/08/2014
Belgium will be deprived of two thirds of its nuclear energy production
Belgian nuclear reactor Doel 4 in East Flanders will remain closed at least until the end of this year after a damage of its turbine, declared Electrabel, the owner of the plant.
read more... 15/08/2014