Crude oil prices ended little changed on Thursday after hesitating the whole session between the negative influence of a strengthening dollar and the persistent speculation of a consequent decrease of the supply following the OPEC’s agreements. Brent futures for February delivery rose by 12 cents, or 0.2 percent, to settle at $54.02 per barrel, while U.S. crude lost 14 cents, or 0.3 percent, to settle at $50.90, its lowest level in a week.
read more... 16/12/2016
The European Bank for Reconstruction and Development (EBRD) is extending $ 134.75m loan to three Turkish electricity companies, the Trakya Electricity Distribution Company (TREDAŞ), the Trakya Electricity Retail Company (TREPAŞ), and to their parent company, IC İçtaş Elektrik (ICEL), as part of its moves to enhance reforms in the country’s electricity sector.
read more... 14/12/2016
The European Commission authorized on Thursday Belgium's plans to support electricity generation from offshore renewable energy, stating that they comply with EU state aid rules.
read more... 09/12/2016
The European Bank for Reconstruction and Development (EBRD) has announced that it will grant a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey.
read more... 07/12/2016
Crude oil prices settled lower on Tuesday for the first time since OPEC agreed on November 30 to curb output, as data showed record output in producer group fed skepticism that it would be able to curtail supplies. Brent futures shed $1.01 to settle at $53.93 a barrel, while U.S. West Texas Intermediate (WTI) crude futures eased 86 cents to end at $50.93 per barrel. Crude had soared over 15 percent in the four sessions since the November 30 OPEC meeting.
read more... 07/12/2016