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Iberdrola obtained permits to build solar and wind facilities in Mexico

Iberdrola has obtained permits from the Mexican government to construct two wind and two solar facilities totaling 600MW in Mexico.

read more... 03/10/2016

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Ukraine boosts gas imports from European countries

Ukraine has boosted its daily imports of natural gas from Europe to 53.3 million cubic metres (mcm) from around 50 million, stated Ukrainian state-run gas transport company Ukrtransgaz.

read more... 30/09/2016

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UK inks long-awaited Franco-Chinese nuclear project

A $24-billion agreement to construct Britain's first new nuclear power station in decades was inked behind closed doors in London on Thursday in a private ceremony that highlighted Prime Minister Theresa May's cautious approach to the Franco-Chinese project.

read more... 30/09/2016

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Turkey will cut gas prices by 10 % starting from October 1

Turkey will cut the price of natural gas by 10 percent for domestic users and industrials starting from October 1, as stated by Energy Minister Berat Albayarak on Thursday.

read more... 30/09/2016

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Daily: Crude oil prices surge on OPEC agreement to limit output to tackle supply glut

Crude oil prices soared over 1 percent on Thursday on optimism over OPEC’s first scheduled output reduction in eight years, although oil paired gains as some analysts were skeptical that the production freeze would be enough to cope with the supply glut. Brent crude rose by 55 cents, or 1.1 percent, at $49.24 a barrel. It attained a three-week high at $49.81. U.S. West Texas Intermediate crude inched 78 cents up, or 1.7 percent, to settle at $47.83 after a one-month high at $48.32.

read more... 30/09/2016

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