A discussion concerning the construction of a gas-fired power plant on the site of the existing coal-fired Eggborough facility has been started.
read more... 14/09/2016
Crude oil futures plunged at their lowest level in a week on Tuesday, after the International Energy Agency (IEA) and OPEC revised forecasts indicating that the global crude oversupply could persist much longer than anticipated. Brent crude lost $1.22 or 2.5 percent, to settle at $47.10 a barrel. U.S. West Texas Intermediate crude shed $1.39, or 3 percent, to close at $44.90.
read more... 14/09/2016
Swedish utility Vattenfall emerged as a winner of Denmark’s 350MW near-shore wind tender with a bid equivalent to DKK 0.475 (USD 0.072/EUR 0.064) per kWh.
read more... 13/09/2016
A South Korean energy company is apparently interested in a nuclear project in the UK. Korea Electric Power Corporation is planning to join the NuGen corporation, a conglomerate between Toshiba and Engie, as mentioned in the reports.
read more... 13/09/2016
French oil and gas company Total will enhance its exposure to U.S. shale gas by acquiring 75 percent of Barnett Shale assets from Chesapeake, taking advantage of a far lower price than it paid for its initial 25 percent holding.
read more... 13/09/2016