Japanese trading house Mitsui & Co declared on Friday it has decided to vend its entire 25 percent stake in UK hydro power company First Hydro to Brookfield Renewable Partners L.P. for over 5 billion yen ($45 million).
read more... 21/07/2017
Oil prices dropped on Thursday on rising output from the U.S., Libya and Nigeria before the meeting of major oil producers, expected to be held in Russia on Monday. Brent crude tumbled by 0.8% to end at $49.30 a barrel, while WTI price declined by 0.42% to close at $46.92 a barrel.
read more... 21/07/2017
Britain's biggest energy provider British Gas, possessed by utility Centrica, has paid a total of 1.1 million pounds ($1.4 million) to clients in compensation for missed or delayed appointments, as stated by the country's energy regulator on Thursday.
read more... 21/07/2017
Scotland’s Court of Session approved the Scottish offshore wind power project Neart na Gaoithe after a two-year court battle with the Royal Society for the Protection of the Birds (RSPB).
read more... 20/07/2017
After thumbing their nose at the European sanctions and bringing gas turbines made by the German company Siemens to Crimea, Russia struggles to install them, since the company refuses to engage in anything that has to do with the equipment that was delivered to the sanction-bound region.
read more... 20/07/2017