Latest news
Qatargas inks five-year LNG supply deal with Petronas LNG UK
Qatargas, the world's largest LNG producer, said on Wednesday it inked a five-year sales and purchase agreement with Petronas LNG UK.
read more... 19/10/2016
Austrian power prices to increase by 15% in case of split from German market
The Austrian power prices could increase if the European energy regulator ACER decides in November to split Austrian and German power markets, which have been bundled together since 2002, stated the head of Austria's energy regulator.
read more... 19/10/2016
Engie launches first marine geothermal power station in France
French utility Engie on Monday evening celebrated the inauguration of France’s first marine geothermal power station Thassalia in Marseille.
read more... 19/10/2016
Daily: Crude oil prices increase on expectations of OPEC output cut
Oil prices finished higher on Tuesday on expectations of OPEC output reduction, then continued gains in post-settlement trade after the American Petroleum Institute (API) indicated an unexpected draw in U.S. crude stockpiles last week. Brent crude rose 16 cents, or 0.3 percent, to settle at $51.68 a barrel. It climbed to as high as $52.15 after the API figures. U.S. West Texas Intermediate (WTI) crude closed the session up 35 cents, or 0.7 percent, at $50.29. In post-settlement trade, it hit $50.78.
read more... 19/10/2016
Wind could represent almost 20% of power generation worldwide in 2030
According to the latest report from the Global Wind Energy Council (GWEC), wind power is on the way to be the main engine for the global power sector's development, with possibility that it will generate almost 20% of world's electricity by 2030.
read more... 18/10/2016