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Siemens strikes the second onshore wind deal in Peru

Siemens, the German multinational engineering and electronics conglomerate, has been awarded a contract by Spain-based Cobra Energia to supply 97MW of onshore wind turbines to the Tres Hermanas wind project in Peru. The new wind plant is the second project that Spanish developer Cobra is performing with Siemens in Peru.

read more... 06/05/2014

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US: $30 million to reduce emissions in oil and gas sector

The US has made known about the financial support estimated at $30 million (£17.8m) for technologies to determine methane emissions in the oil and natural gas sector in an effort to effectively slash them.

read more... 05/05/2014

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Germany: reserve power plan for 3 winters ahead

Germany's energy regulator Bundesnetzagentur defined on Friday plans for reserve power capacity for the next three winters in order to guarantee grids stability as a result of the shutdown of the nuclear plants and irregular renewable power raises.

read more... 05/05/2014

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Daily: Oil prices increase on escalating tension in Ukraine, strong job growth in the U.S.

Crude oil prices boosted on Friday on escalating violence in Ukraine and as data showed that U.S. employers hired in April at the quickest pace in more than two years, dragging down unemployment to a 5-1/2-year low of 6.3 percent.

read more... 05/05/2014

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Czech utility CEZ’s dividend policy might modify in the coming years

Czech Prime Minister Bohuslav Sobotka declared on Sunday he could not prevent majority state-owned utility CEZ spending a large amount of profit in dividends in the coming years.

read more... 05/05/2014

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