Latest news
Irish envisages €2.7 billion wind investment
Onshore wind developers will invest minimum €2.7 billion in Ireland in the next four years to guarantee that the country meets its 2020 renewable electricity objectives.
read more... 23/03/2016
Siemens ready to acquire Areva wind venture in Gamesa agreement
Siemens is prepared to purchase Spanish-French wind power joint venture Adwen as part of a scheduled fusion of its wind assets with those of Spain's Gamesa, as reported in the Germany's Sueddeutsche Zeitung on Tuesday.
read more... 23/03/2016
Gazprom saw a record oil production of 10 million barrels at Prirazlomnoye field, in Arctic north
Russian giant Gazprom saw a milestone production at its Arctic Prirazlomnoye field in the Pechora Sea, 60 km offshore Russia with its 10 millionth barrel of oil.
read more... 23/03/2016
Daily: Brent ends flat after terror attack in Belgium, WTI closes down on stockpiles hike
Brent oil prices closed flat on Tuesday after terror attacks in Belgium, while U.S. crude futures declined, then prolonged losses in post-settlement trade on industry figures indicating larger than expected increases in domestic stockpiles. Brent crude rose 6 cents at $41.60 a barrel in post-settlement trade, after closing the session 25 cents higher at $41.79. The front-month contract of WTI crude fell 30 cents at $41.22 a barrel by 5:05 p.m. EST (2105 GMT), after the release of API report. It settled just 7 cents down at $41.45, after attaining a 2016 high of $41.90 earlier.
read more... 23/03/2016
Vattenfall will construct 3.6 GW of offshore wind in UK
Sweden’s Vattenfall has begun plans for one of the biggest offshore wind farms in the North Sea. Norfolk Vanguard and bordering Norfolk Boreas will each have a capacity of 1.8 gigawatts. In the meantime, a new British study expects to reduce the cost of offshore wind to 12.8 cents, which would still lead to a quarter more expensive electricity than in Germany in spite of the better or equal conditions in the UK.
read more... 22/03/2016