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E.ON splits renewables pipeline since regulation modifies
German utility E.ON has split its renewable energy investment pipeline to 5 gigawatts from 10 GW last year since modifying regulation makes the outlook for major projects less certain, the manager of E.ON's renewables division declared on Friday.
read more... 07/11/2016
Slovenia's single nuclear plant back on grid
Slovenia's single nuclear power plant Krsko (NEK) is back on the grid after habitual maintenance, that takes place every 18 months, as stated by a NEK spokeswoman on Sunday.
read more... 07/11/2016
Poland could fuse two troubled coal miners
The Polish government is thinking about fusing troubled state-owned coal miners PGG and KHW and hopes to make a decision by the end of the year, as stated by Energy Minister Krzysztof Tchorzewski on Friday.
read more... 07/11/2016
Daily: Oil prices tumble on Saudi Arabia, Iran dispute
Crude oil futures tumbled on Friday, posting their largest weekly percentage decline since January of about 9 percent, as old disputes between Saudi Arabia and Iran sparked at a OPEC meeting last week. Saudi Arabia stated that it could steeply increase oil output to reduce prices if Tehran refuses to curb supply. Both benchmarks closed at their lowest levels since September, with Brent losing 77 cents, or 1.7 percent, to end at $45.58 a barrel, and U.S. crude declined 59 cents, or 1.3 percent, to close at $44.07.
read more... 07/11/2016
Egypt defers third LNG terminal until electricity requirements determined
Egypt will postpone plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG requirements, as stated by an official at state gas purchaser EGAS on Sunday.
read more... 07/11/2016