Latest news
Daily: German forward power prices boost following firmer oil and coal
Crude oil prices declined on Friday after the U.S. oil rig number increased for the first time since December, resuming concerns of a supply glut after an output freeze plan helped drive the market to 2016 peaks and multi-week gains. Brent crude lost 24 cents at $41.30 a barrel, having boosted $1 earlier to a 2016 high of $42.54. U.S. crude for April delivery closed at $39.44 a barrel, fell 76 cents, or 1.89 percent, after soaring $1 earlier to a year peak of $41.20.
read more... 21/03/2016
Siemens wins $81 million wind turbine agreement for Bosnian utility
Bosnia's power utility Elektroprivreda HZHB (EPHZHB) declared on Friday it had awarded a 72 million euro ($81 million) agreement to German industrial group Siemens to provide wind turbines for its future 44 megawatt (MW) wind farm.
read more... 21/03/2016
European Commission authorized Finnish cash for LNG terminal
The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.
read more... 21/03/2016
TransCanada on track to create one of North America's largest regulated natural gas transmission businesses
TransCanada Corp, the Calgary-based energy giant, will buy Columbia Pipeline Group for $10.2 billion, creating one of the largest regulated natural gas transmission businesses in North America.
read more... 18/03/2016
China wasted one fifth of wind power generated in 2015 due to low utilization efficiency
China wasted a total of 33.9 billion kilowatt-hours (kWh) of wind power in 2015 due to low utilization efficiency, the National Energy Administration (NEA) said, the equivalent of 20% of total generated wind power.
read more... 18/03/2016