Latest news
UK's National Grid will recover $125 million of electricity contract costs
Britain's National Grid will be able to recover 95 million pounds($125.22 million) of the 113 million it has granted to two companies to supply back-up emergency electricity for winter 2016/17, as stated by regulator Ofgem on Tuesday.
read more... 24/08/2016
Global shale oil production is likely to more than double by 2040
Global shale oil production will more than double between 2015 and 2040.
read more... 24/08/2016
Tesla provider in Austria develops in US to supply solar industry
The Austrian firm providing Tesla Motors Inc. with the technology it requires to turn sunshine into power is developing in the U.S. to capitalize on growth in the solar industry.
read more... 23/08/2016
Daily: Oil prices down on growing Chinese fuel exports
Oil shed more than 3 percent on Monday, declining from last week's two-month highs, on concerns about growing Chinese fuel exports, with China's July diesel and gasoline exports increasing 181.8 percent and 145.2 percent, respectively, putting this way pressure on refined product margins.
read more... 23/08/2016
Work begins on 385 MW Baltic Sea wind farm
Germany-based utility company E.ON and Norwegian oil and gas firm Statoil have started on Thursday the construction of the 385 MW Arkona offshore wind project, a new wind farm situated 35 kilometers northeast of the island of Rugen in the German Baltic Sea.
read more... 23/08/2016