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Statoil has been awarded licences in Mexico’s deepwater round

Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.

read more... 07/12/2016

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EBRD to grant €400 million for small-scale renewable energy projects in Turkey

The European Bank for Reconstruction and Development (EBRD) has announced that it will grant a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey.

read more... 07/12/2016

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German power giants entitled for compensation after accelerated nuclear shutdown

Germany's Federal Constitutional Court ruled Tuesday that the government must compensate utilities as it hastened the closure of nuclear power in the country aftermath Japan’s Fukushima disaster in 2011.

read more... 07/12/2016

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Daily: Electricity curve prices in Europe decline on French nuclear restart, higher wind, thermal output in Germany

Crude oil prices settled lower on Tuesday for the first time since OPEC agreed on November 30 to curb output, as data showed record output in producer group fed skepticism that it would be able to curtail supplies. Brent futures shed $1.01 to settle at $53.93 a barrel, while U.S. West Texas Intermediate (WTI) crude futures eased 86 cents to end at $50.93 per barrel. Crude had soared over 15 percent in the four sessions since the November 30 OPEC meeting.

read more... 07/12/2016

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France: EDF receives the approval to restart some nuclear reactors

French winter electricity supply concerns could alleviate after nuclear safety regulator ASN allowed EDF to restart some nuclear reactors involved in a safety investigation.

read more... 06/12/2016

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