Latest news
BP inks a gas supply agreement of $10 billion with China's Huadian
Oil major BP has inked a $10 billion liquefied natural gas (LNG) supply agreement with China's Huadian electricity producer, signing the deal as part of Chinese President Xi Jinping's state visit to Britain.
read more... 22/10/2015
RWE commissions two new onshore wind power plants in Poland
RWE Polska, part of German energy group RWE, has commissioned two wind farms in Poland with a combined capacity of 45 MW, boosting the company's total capacity in the country to around 240 MW, which can supply annually an equivalent of 250,000 homes with green electricity.
read more... 21/10/2015
Daily: Oil closes mixed, with WTI slipping before stockpiles report
Crude oil prices diverged on Tuesday, with WTI crude closing down slightly, as traders awaited the U.S. government’s stockpiles figures amid a global supply glut that was dragging down prices. According a preliminary report by the industry group American Petroleum Institute (API), U.S. crude inventories had boosted 7 million barrels last week. Brent futures for December delivery edged 10 cents higher to settle at $48.71 a barrel. U.S. crude futures for November delivery, which expired at Tuesday's settlement, dropped 34 cents to close at $45.55 per barrel.
read more... 21/10/2015
National Grid to cope with tighter power supply this winter despite blackout worries
Britain will manage to guarantee enough electricity and gas in case of winter blackouts, according to the National Grid.
read more... 16/10/2015
Poland, Baltic leaders ink agreement on gas connection
Leaders from Poland, the Baltic States and European Commission decided on Thursday to construct a natural gas pipeline between Poland and Lithuania to shelter gas supply for the Baltic region.
read more... 16/10/2015