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Total signs long-term LNG supply agreement with Japanese company

A French multinational oil and gas firm, Total, inked a deal with a Japanese energy company Chugoku Electric for liquefied natural gas (LNG) supply for 17 years starting from 2019, according to the declaration of the French company on Friday.

read more... 25/07/2016

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SSE energy mix dominated by gas and oil power

Unfavorable weather conditions and a weak economy facilitated more electricity share from gas and oil fired power plants in the SSE portfolio from April to June.

read more... 25/07/2016

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Daily: Crude oil plunges 4 percent on the week hit by oversupply concerns

Crude oil prices ended lower on Friday, diving 4 percent on the week, reversing the fourth weekly rise as the U.S. oil rigs number increased, adding to oil oversupply worries. Brent crude dropped 51 cents, or 1.1 percent, to settle at $45.69 a barrel, after declining to $45.17, the lowest level since May 11. For the week, Brent eased 4 percent. U.S. West Texas Intermediate (WTI) crude fell 56 cents, or 1.3 percent, to close at $44.19. It lost 3.8 percent on the week.

read more... 25/07/2016

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Cavendish and Shimizu to collaborate on Japanese nuclear decommissioning

UK-based nuclear power services provider Cavendish Nuclear Ltd and Japanese civil engineering company Shimizu Corporation have decided to cooperate on decommissioning Japan’s nuclear power fleet.

read more... 22/07/2016

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Vattenfall gives the go-ahead to Aberdeen offshore wind farm in Scotland despite Brexit vote

Swedish energy firm Vattenfall gave the go-ahead to the Aberdeen Offshore Wind Farm in Scotland, with Swedish utility offering support to the UK’s offshore wind sector despite Brexit vote.

read more... 22/07/2016

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