Latest news
Shell’s largest European refinery shuts down after fire
After fire broke out at one of its biggest refineries in Europe, Shell said they will temporarily shut it down.
read more... 01/08/2017
Daily (01.08.2017): European spot electricity prices soared by 60-70% on Monday on high air conditioning demand
Oil was slightly bullish near two-month highs on Monday, putting July 2017 to become the strongest month so far this year. Tightening U.S. market after heavy inventory falls and slower new oil rig additions supported the prices. Sentiment in the oil market is very bullish as some OPEC and non-OPEC members will meet on Aug. 7-8 in Abu Dhabi to assess compliance with production cuts. Also, the U.S. is considering imposing sanctions on Venezuela's oil sector, pushing up the prices. Brent crude rose by 0.25% to $52.65 a barrel, while WTI price rose by almost 1% to close at $50.17 a barrel.
read more... 01/08/2017
Renewable power accounted for nearly 90% of Europe’s new power in 2016
Renewable power sources added to the European electricity grid accounted for nearly 90% of last year’s new power, which is a sign of the continent’s transition to clean energy.
read more... 01/08/2017
TransCanada will make final investment for Keystone XL by December
The final investment on the Keystone XL project will be completed by December by Canada’s second pipeline operator TransCanada Corp.
read more... 31/07/2017
Solar power awarded 3.9GW capacity in Spanish auction
The Spanish solar industry has received nearly 4GW of capacity in a recent renewable energy auction.
read more... 31/07/2017