Safi Energy Company has secured $2.6 billion in funding the construction of a coal-fired power plant of 1,386 megawatts in southern Morocco, as reported by state news agency MAP.
read more... 19/09/2014
Germany launched Europe's biggest commercial battery plant on Tuesday, an installation powered by 25,600 lithium-ion batteries that will aid alleviate the increasing supply of renewable energy in the region.
read more... 17/09/2014
Brent crude increased by more than $1, while WTI crude futures by more than 42 dollars on Tuesday, spurred by OPEC output cut forecast, as well as by weakening dollar and news that Libya had reduced production after rockets hit an area near the Zawiya refinery. Brent crude for November delivery boosted $1.17 to close at $99.05 a barrel. The front-month U.S. October crude rose $1.96 to settle at $94.88 a barrel.
read more... 17/09/2014
The British government on Friday stated it had permitted the construction of a gas-fired power station of 470 megawatts (MW) at North Killingholme in northeast England suggested by developer C.GEN.
read more... 15/09/2014
Brent crude fell below $98 a barrel on Friday, heading for its worst week in six as worries over lower demand offset geopolitical concerns in the Middle East and Ukraine.
read more... 12/09/2014