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NextEnergy purchases £18 million PV plant

NextEnergy Solar Fund has inked a £17.8 million deal to acquire the 16.5MW Croydon solar plant in England.

read more... 30/03/2015

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Two companies submit final offers for Montenegro electricity plant

Montenegro's power utility EPCG declared on Friday two firms had submitted final offers to construct a coal-fired unit at its Pljevlja power plant.

read more... 30/03/2015

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Eni and Kogas failed to find useable hydrocarbons off Cyprus

Italian energy firm Eni and Korea Gas Corp (KOGAS) found no exploitable hydrocarbons off Cyprus, the second time energy companies have drawn blanks in recent months in what was otherwise considered a promising region.

read more... 27/03/2015

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Norway and Britain to construct world’s longest subsea electricity cable

The world's longest subsea power transmission cable is to be built between Norway and Britain by 2021, as stated by Norway's Statnett on Thursday.

read more... 27/03/2015

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Daily: Crude oil prices rebound by 5 % on air strikes in Yemen

Crude oil prices boosted by about 5 percent on Thursday, the largest daily gain in a month as air strikes in Yemen triggered by Saudi Arabia and its Gulf Arab allies fueled fears that escalation of the Middle East conflict could disrupt world crude supplies. Brent crude soared $2.71, or 4.8 percent, to settle at $59.19 a barrel. WTI crude increased $2.22, or 4.5 percent, to close at $51.43, approaching 2015 highs.

read more... 27/03/2015

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