Latest news

Finland to grant $88 mln investment aid for renewables projects

Finland’s government plans to allocate 80 million euros ($88 million) in aid to biofuel and new energy technology projects to meet its climate goals by 2030.

read more... 26/02/2016

news

Qatar, Maersk and Shell collaborate to develop LNG as marine fuel

Qatar and Royal Dutch Shell have decided to develop liquefied natural gas (LNG) as a marine fuel for utilization by the world's biggest container shipping firm, A.P. Moller-Maersk, Qatargas declared in a statement on Monday.

read more... 23/02/2016

news

EnBW obtains service agreement for Iberdrola offshore wind park

EnBW, Germany's No.3 utility, has gained a services agreement for Iberdrola's offshore wind park Wikinger, focusing on its track record in construction and operating renewable assets since it moves from fossil-fuel electricity generation.

read more... 05/02/2016

news

Britain's wholesale gas will continue to be cheap this year

British utilities are likely to benefit from low wholesale gas prices this summer and beyond even if electricity firms chose to do a lot more switching from coal to gas to fuel their plants.

read more... 27/01/2016

news

Daily: Crude oil rebounds as cold spell spurs fuel demand

Crude oil prices rebounded on Friday, as cold weather across in the United States and Europe spurred energy demand. Brent crude oil, which declined in recent weeks on concerns about supply glut, ended 10 percent higher and above $32 a barrel in one of the biggest daily increases ever. Brent crude boosted 10 percent to close at $32.18, well above this week's low of $27.10, while WTI crude climbed 9 percent to settle at $32.19.

read more... 25/01/2016

news