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ENI obtains refund from Statoil on revised gas agreement

ENI, a major integrated energy company based in Italy and one of Europe’s leading gas wholesalers, inked an agreement on Thursday to review its long-term gas supply contract with Norway's Statoil that is supposed to increase its operating profit by approximately 1 billion euros ($1.4 billion) in 2014.

read more... 28/02/2014

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EU proposal to reduce supply of carbon permits ratified

On Wednesday, a proposal to support EU carbon prices was made known in the journal of European Union, ratifying a measure named backloading which continues the path towards attaining the objective of permitting the withdrawal of a limited number of permits, precisely 400 million.

read more... 27/02/2014

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Canadian Solar deal to supply PV modules in Japan

Canadian Solar has concluded a deal with Hitachi to provide PV modules of 18MW for a solar power project in Japan.

read more... 26/02/2014

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Dongfang wins order to supply 30 turbines to Blaiken

China’s Dongfang Electric has inked a €67 million transaction with Skellefteå Kraft to deliver turbines at the third stage of the 250 MW Blaiken wind farm in the north of Sweden. The first two phases comprise 60 Nordex turbines of 2.5 MW each.

read more... 25/02/2014

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Daily: Forward prices of European power settled down on warm weather, sluggish supply

Brent crude oil settled up on Monday, spurred by output blackouts in Libya and South Soudan which slashed exports and restrained global supply.

read more... 25/02/2014

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