Russian gas giant Gazprom inked a memorandum of understanding (MoU) with Italy’s Edison SpA and Greek company DEPA on gas supplies from Russia over the Black Sea bottom.
read more... 25/02/2016
Clean energy investment worldwide attained a record of $329.3 billion in 2015 since investors shrugged off decreasing fossil fuel prices and currency fluctuations and installed the highest ever amount of green power capacity, as shown in a research on Thursday.
read more... 15/01/2016
RWE, Germany's second-largest utility, has decided to vend its Lynemouth coal-fired power plant in Britain to Czech-Slovak energy investment group EPH, it declared on Thursday.
read more... 08/01/2016
The Swiss power grid operator has informed utilities that they may have to increase energy production from high-mountain hydro plants this winter since nuclear reactors stay closed and there is not sufficient transformer capacity to take on enough green power from Germany.
read more... 03/12/2015
Crude oil prices decreased over 2% on Friday, prolonging the week’s decline to the largest in eight months, dragged down by largest amount of storage of crude. WTI crude fell $1.01, or 2.42 percent, to settle at $40.74 a barrel. It lost about 8 percent on the week, its most since March. Brent crude dropped 46 cents, or 1.04 percent, to close at $43.60 a barrel. For the week, Brent plunged nearly 8 percent, also its most since March.
read more... 16/11/2015