Latest news
EU reaches an agreement with Germany on renewable energy law
European Union authorities have arrived at an accord with Germany on how to make its projected renewable energy law suitable with EU state aid regulations, as stated on Wednesday by the bloc's antitrust chief.
read more... 10/07/2014
GE to supply turbines for Dunmaglass wind farm
US conglomerate GE has concluded an agreement to provide SSE Renewables with turbines, particularly for the 94MW Dunmaglass wind farm in Scotland.
read more... 09/07/2014
Daily: Brent and U.S. crude oil futures plunge to the lowest point on oil exports resumption in Libya
Crude oil futures on both sides of Atlantic fell on Monday to the weakest point in a month as Libya lifted a force majeure from two major oil ports following rebels’ agreement to end a blockade last week. Brent crude dropped 40 cents to close at $110.24 a barrel, the lowest settlement price since June 11. Brent had rocketed to a nine-month high of $115.71 in June amid the Iraqi attack, but has since slipped over 4 percent. U.S. oil declined by 53 cents to close at $103.53 a barrel, the weakest level since June 6. It posted the seventh consecutive daily decline, the longest in U.S. oil since December 2009.
read more... 08/07/2014
Bulgaria on the point of nuclear agreement to reduce dependence on Russia
Bulgaria, one of five EU states that rely entirely on Russia for nuclear fuel, is ready to take a step towards increasing its suppliers when Westinghouse Electric Company purchases a stake in a state-controlled company building new atomic units.
read more... 07/07/2014
GDF Suez: Mirfa electricity and water agreement signed in Abu Dhabi
French utility GDF Suez declared it signed a power and water accord with the Abu Dhabi Water and Electricity Company for a period of 25 years, since it aims to capitalize on increasing demand in the area.
read more... 04/07/2014