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Swiss ABB to bolster Indian power grid by integrating wind, thermal energy

Swiss transformer maker ABB has secured a USD 640 million contract for a 1,830-km (1,137-mile) power link in India for connecting thermal and wind power plants with the growing urban areas of the country.

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Norway: The oil fund of $880 billion could exclude major polluters

The ethics regulator for Norway's $880-billion wealth fund will concentrate this year on finding companies with huge emissions of greenhouse gases and will suggest excluding them from the fund's investments, as it stated.

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Britain intends to create more independent electricity market operator

Britain intends to create a more independent power market operator within National Grid, which presently runs the system, to increase competition and help consumers.

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Daily (12.01.2017): Crude oil prices post the largest rise in over a month on weakening dollar

Crude oil prices surged over 2.5 percent on Wednesday, posting their largest increase in more than a month, buoyed by weaker U.S. dollar aftermath a conference held by U.S. President-elect Donald Trump and o news that Saudi Arabia slashed exports to Asia.

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Gassco: Norway’s gas deliveries to Europe hit a record high in 2016

Gas deliveries through Norway’s pipeline operated by Gassco to Germany, Belgium, France and the UK hit record volumes in 2016, reaching 108.56bn m3.

read more... 11/01/2017

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