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EU: Trans Adriatic gas pipeline project approved

The EU Commission has consented a gas pipeline project via the Adriatic Sea.

read more... 07/03/2016

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Eni cuts investment after substantial fourth-quarter loss

Italian oil producer Eni declared it will slash investments by 20 percent this year and accelerate lower-cost projects after impairments because of weak oil prices resulted in a substantial fourth-quarter loss.

read more... 29/02/2016

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Finland to grant $88 mln investment aid for renewables projects

Finland’s government plans to allocate 80 million euros ($88 million) in aid to biofuel and new energy technology projects to meet its climate goals by 2030.

read more... 26/02/2016

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Daily: Crude oil prices rebound 3% on confirmation of a producers meeting in March

Crude oil futures rose 3 percent on Thursday, reversing previous losses after news of a meeting of major producers in March to stabilize prices and on project delays and job layoffs in the industry. Brent crude futures rose 88 cents, or 2.6 percent, to close at $35.29 a barrel, reaching a three-week high. It had also declined more than $1 earlier.

read more... 26/02/2016

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MHI Vestas will supply turbines to Belgium

MHI Vestas, a joint venture between Vestas and Japan's Mitsubishi Heavy Industries, declared on Thursday it would probably provide turbines to Belgium's major wind farm project.

read more... 19/02/2016

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