Latest news
Brazil: Installed power capacity to increase by 7, 739 MW this year, driven by hydropower
Brazil’s installed generating capacity is set to increase by 7, 739 MW in 2016, with 65% of that hike originating from hydro plants, Ministerio de Minas e Energia stated in its latest power sector bulletin.
read more... 14/03/2016
Poland's Azoty intends to acquire more gas from Gazprom-supplied PGNiG
Poland's biggest chemicals firm Grupa Azoty, which surpassed 2015 profit forecasts on Friday due to low gas prices, plans to acquire more gas from its main provider PGNiG.
read more... 14/03/2016
France urged by Germany to close its oldest nuclear plant this year
France is set to close its oldest nuclear plant this year, located near the German and Swiss borders.
read more... 09/03/2016
Daily: Crude oil losses enthusiasm after three days of hikes
Crude oil hike run out of the steam on Thursday after three consecutive days of gains as a record high of U.S. inventories countered OPEC plans for an output freeze. WTI crude futures closed slightly lower and Brent rose after figures from market intelligence provider Genscape showed stockpiles at the Cushing, Oklahoma delivery hub boosted 1.1 million barrels to 68.7 million during the week to March 1. Brent futures increased 14 cents to close at $37.07 a barrel, after hiking earlier to $37.37. Brent has rebounded nearly $2 since Friday's settlement. U.S. crude futures eased 9 cents to end at $34.57.
read more... 04/03/2016
Japan's Marubeni might construct coal power plant in Egypt
Japan's Marubeni Corp and Egypt's El Sewedy Electric have settled with Egypt's state-run power utility to conduct a feasibility study into the building of a coal-fired electricity plant in Egypt.
read more... 03/03/2016