Italy plans to scrap the standard power and gas tariff regime for households and small companies from 2018 as part of efforts to liberalize the retail electricity market, as stated on Friday by the Industry Minister Federica Guidi.
read more... 23/02/2015
Crude oil prices were mixed on Friday as the number of U.S. rigs drilling for oil dropped more than expected, while heating oil boosted 6 percent on a cold snap that shrunk output at three refineries. The front-month Brent rose just by penny to settle at $60.22, after plunging to a week low of $57.80 on Thursday. WTI's March futures declined 82 cents to close at $50.34 a barrel, expiring as the front-month contract.
read more... 23/02/2015
German engineering company Siemens has been awarded another significant wind power contract, with an order for 157 wind turbines for three projects in the South African province of Northern Cape. The customer is a consortium led by Mainstream Renewable Power.
read more... 20/02/2015
Oil markets increased on Friday to stop a two-day decline, aided by expectations that data later in the day would demonstrate a constant drop in the U.S. oil rig count, a clear sign of the pressure the fall in crude has put on crude producers.
read more... 20/02/2015
David Cameron, Nick Clegg and Ed Miliband, leaders of Britain's three main parties, launched a joint pact stating that the UK aims to end power generation from unabated coal plants.
read more... 17/02/2015