Latest news
Siemens awarded five onshore wind projects in its native country
Siemens was awarded five new contracts in its native country Germany to supply 23 of its direct-drive turbines.
read more... 26/10/2016
Daily: WTI crude settle below $50 for the first time in a week as OPEC plan is expected to fail
Crude oil prices lost ground on Tuesday, with WTI ending below $50 a barrel for the first time in just a week, dragged down by the possibility that OPEC ‘s plan to slash output will fail after Iraq showed unwillingness to participate in the proposed deal. WTI crude for December delivery crude lost 56 cents, or 1.1%, to end at $49.96 a barrel on the New York Mercantile Exchange. That was the lowest settlement and first finish below $50 since October 17. Brent crude for December delivery fell 67 cents, or 1.3%, to settle at $50.79 a barrel on London’s ICE.
read more... 26/10/2016
IEA gives an upbeat forecast for renewable energy growth
The International Energy Agency (IEA) has increased its forecast for renewable energy growth over the next five years.
read more... 25/10/2016
Italgas promises to increase dividends before spinoff
Italgas, Europe's third-largest gas distributor, promised to increase its dividend in the next three years and develop its market share after its spinoff from gas grid owner Snam in November.
read more... 25/10/2016
Daily: European spot power prices increase sharply on stronger demand, weaker renewables supply
Crude oil prices settled down on Monday on news of the forthcoming restart of Britain’s Buzzard oil field and as Iraq wants to be exempted from OPEC production cuts as it needs more money to fight Islamic State militants. Brent, the international benchmark for crude, lost 32 cents, or 0.6 percent, to close at $51.46 a barrel. Its session low was $50.50. U.S. West Texas Intermediate (WTI) crude declined 33 cents, or 0.7 percent, to end at $50.52.
read more... 25/10/2016