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Iran and Germany ink first petrochemical agreement after sanctions

A first petrochemical cooperation agreement in the post sanctions era between Iran and Germany was inked by Iranian Kian Petrochemical and German Linde Group on Tuesday, as stated by the Islamic Republic News Agency (IRNA).

read more... 04/08/2016

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Poland reconsiders nuclear power plant plan

Poland envisages reviving a plan to build its first nuclear power plant with a capacity of around 1 GW in the next 10 years, according to declarations made by its energy ministry.

read more... 03/08/2016

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Vestas obtains 120 MW wind order from Morocco

Vestas obtained a 120 megawatt wind turbine order for the Khalladi wind park, in the windy Tangiers area of northern Morocco, the firm made known on Tuesday.

read more... 03/08/2016

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Tesla acquires solar company in $2.6 billion agreement

Electric vehicle (EV) maker Tesla announced it has reached an agreement to purchase a solar company.

read more... 03/08/2016

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Daily: European spot electricity prices decrease sharply on firmer wind production

U.S. crude oil tumbled on Tuesday to settle below $40 a barrel for the first time since April as continuing concerns of crude and refined fuel oversupply and a decrease in U.S. equities counterbalanced an early boost from a weak dollar. U.S. West Texas Intermediate (WTI) crude ended down 55 cents, or 1.4 percent, at $39.51 a barrel, after earlier rallying to $40.91. Brent crude lost 34 cents, or 0.8 percent, to close at $41.80, after attaining a session high at $43.18.

read more... 03/08/2016

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