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Denmark: Vestas signed wind power agreement in Vietnam

Danish wind turbine maker Vestas Wind Systems declared on Wednesday it had inked a deal with Vietnamese company Phu Cuong Group to expand a wind power project but debated the value of $2 billion published by the Vietnam Economic Times.

read more... 11/12/2014

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Daily: Oil prices shed again on Saudi price discounts

Crude oil settled lower on Thursday as the debate over pricing was prolonged after Saudi Arabia unveiled considerable price discounts for oil it sells to Asian and U.S. buyers. North Sea Brent declined 28 cents to settle down at $69.64 a barrel, after trading in a range of nearly $2. U.S. crude dropped 57 cents to close at $66.81, having slipped to $66.09 earlier.

read more... 05/12/2014

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Carbon tax is over: Australia’s Senate abolishes tax on carbon emissions

The Australian Senate voted 39 to 32 to repeal the nation’s controversial tax on carbon emissions after eight years of harsh political debate during which climate policy dominated three election campaigns and contributed to the resignation of two prime ministers.

read more... 18/07/2014

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German cabinet approves plans for renewable energy rebate for industrials

The cabinet of German Chancellor Angela Merkel endorses on Wednesday a draft law that offers energy-intensive companies a partial discount on green energy surtax after months of arguments with Brussels.

read more... 08/05/2014

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Lebanon: gas licensing round to be closed in 4 months

Lebanon anticipates ending its first licensing round for offshore gas exploration regions in almost four months after prevailing over a legislative barrier by the end of April, as stated by the energy minister on Monday.

read more... 08/04/2014

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