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Daily: European prompt power price soar amid lower wind and solar output
Crude oil tumbled 2% in volatile trading on Thursday, as support from a depreciating dollar was eclipsed by speculation about possible talks the Organization of the Petroleum Exporting Countries and other oil producers to jointly cut output. Brent futures declined 1.6 percent, or 58 cents, to settle at $34.46 a barrel, after fluctuating between $34.15 and $35.84. WTI crude also ended lower, down 56 cents, or 1.7 percent, at $31.72 after swinging between $31.53 and $33.60.
read more... 05/02/2016
Germany – European leader in offshore wind energy expansion
Germany has surpassed the UK in the pace at which it is installing wind turbines at sea, as indicated by industry figures.
read more... 03/02/2016
Areva plans 5 billion euro capital raise
French nuclear conglomerate Areva announced it plans a 5 billion euro capital raise to reestablish its finances and declared it anticipates the intended takeover of its reactor unit by fellow state-owned utility EDF to be completed in 2017.
read more... 29/01/2016
Ukraine will reduce 2016 gas imports, none from Russia
Ukraine is expected to reduce its natural gas imports to between 11 billion and 13 billion cubic metres (bcm) this year and bring it all from the European Union, avoiding Russia totally, as stated by its energy minister on Wednesday.
read more... 29/01/2016
China: Gas production begins at Chuandongbei Project
China National Petroleum Corp (CNPC), the largest Chinese energy company and the U.S. giant Chevron started commercial gas production from a field located in the Sichuan basin in southwest China.
read more... 27/01/2016