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Solas Éireann establishes joint venture with UK company to develop over 250MW in Ireland

Irish solar maker Solas Éireann and UK firm Golden Square Energy have formed a joint venture to develop over 250MW of photovoltaic projects in Ireland.

read more... 16/05/2016

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China General Nuclear Power Corporation dismisses it will build alone Hinkley Point C project

China General Nuclear Power Corporation (CGNPC), which is helping French Energy Company EDF with Hinkley Point C project, has categorically dismissed the idea it would go it alone if the largely state-owned French company dropped out.

read more... 16/05/2016

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Daily: Oil losses ground, ending a three-day hike on stronger dollar

Crude oil prices declined on Friday, putting the end of a three-day hike, as a strong dollar weighted and investors earned on recent gains, but losses were curbed by disruptions in Nigeria that cut output to the lowest in over two decades and wildfires reduced production from Canada's oil sands. Brent crude futures eased 25 cents to settle at $47.83 a barrel, while U.S. crude dropped 49 cents to close at $46.21. On the week, Brent rose 5.2 percent, while U.S. crude boosted 3.4 percent.

read more... 16/05/2016

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Russia could discuss gas price reduction with Belarus next week

Russia will meet with ally Belarus next week to talk about a number of disputed problems, as stated by Russian Energy Minister Alexander Novak on Friday, which industry representatives think will comprise talks about a gas price reduction.

read more... 16/05/2016

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Major oil explorer Eni embarks on renewable energy expedition

Italian oil major Eni, which has generally made little investments in green energy taking into consideration its success in discovering oil and gas, plans renewable energy projects in Italy, Pakistan and Egypt.

read more... 13/05/2016

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