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Vattenfall acquires 79-turbine Global Tech 2 wind farm in the North Sea
Vattenfall has purchased the 79-turbine Global Tech 2 wind farm in the German North Sea from Strabag and Etanax.
read more... 11/08/2016
Gazprom increased sales volumes to Europe by 49% in first quarter
Russian giant Gazprom boosted gas volume to Europe by 49 percent to 58.1bn m³, an increase of 19bn m³ on 39.1bn m³ in January-March 2015. Revenues from those sales rose only 22%, as the average price declined.
read more... 11/08/2016
EC provides €29.9 million for Bulgaria
The European Commission (EC) has allotted €29.9 million for the construction of a new 140 kilometer-long power line between Dobrudja and Burgas in Bulgaria, a mentioned in a declaration from the EC on Wednesday.
read more... 11/08/2016
Daily: Crude oil settles down 2 percent as large U.S. inventories built compensates gasoline draw
Crude oil declined about 2 percent on Wednesday after the second-largest weekly draw in U.S. gasoline this summer was offset by an unseasonal increase in crude inventories. Brent crude futures fell 93 cents, or 2 percent, to settle at $44.05. U.S. West Texas Intermediate (WTI) crude futures eased $1.06, or 2.5 percent, to end at $41.71 per barrel.
read more... 11/08/2016
Iberdrola's Baltic wind farm prepared for electric substation
Spanish electric utility Iberdrola's substation in charge of regulating power generation at its offshore wind farm in the Baltic Sea is now complete, the firm made known on Monday.
read more... 10/08/2016