The Yamal-Europe gas pipeline, which supplies Russian gas mostly to Germany and Poland, is raising volumes after an interruption on Tuesday evening, as reported by Interfax news agency, quoting German operator Gascade.
read more... 12/08/2015
U.S. crude plunged at a more than six-year low on Tuesday after China's currency depreciation intensified worries about oil demand in the No. 2 consumer and a new OPEC estimate showed non-member producers are likely to keep output high despite weak prices.
read more... 12/08/2015
European wind power capacity grew to a total 129 GW in 2014, according to report recently released by the Joint Research Centre (JRC).
read more... 04/08/2015
Crude oil prices declined 5 percent on Monday to hit their weakest level since January, dragging down global benchmark Brent below $50 a barrel as weak factory activity in China dipped a commodity-wide rout. Brent crude closed down $2.69, or 5.2 percent, to touch $49.52 a barrel. U.S. crude dropped $1.95, or 4.1 percent, to hit $45.17, just about $3 above its 2015 bottom.
read more... 04/08/2015
German wind turbine manufacturer Nordex anticipates sales increase to continue at a high pace next year, or by a double-digit percentage, as mentioned by its chief financial officer Schaeferbarthold on Thursday, due to strong demand from its main European market as well as the United States.
read more... 31/07/2015