Latest news
ABB obtains $250 million order to connect offshore wind farm to UK grid
Swiss technology conglomerate ABB has obtained an order valued at more than $250 million from Danish energy firm DONG Energy to supply a high-voltage cable system linking the Hornsea Project One offshore wind farm in the North Sea to Britain's continental grid, as it stated on Thursday.
read more... 01/04/2016
Daily: Oil prices register the best quarter since mid 2015, up over 10%
Crude oil prices boosted over 10% in March, the best quarter since mid-2015. Some analysts said that the hike could vanish soon as an output freeze plan by major crude exporters will fail to ease worries of an oversupply. A weak dollar and figures showing a drawdown in crude inventories at the U.S. futures delivery hub helped oil settle steady to firmer in Thursday's session. Brent crude for May delivery, which expired as the front-month contract, rose 34 cents, or 0.8 percent, to close at $39.60 a barrel. Brent crude for June delivery boosted 0.7 percent to settle at $40.33. U.S. crude futures WTI settled at $38.34, up 2 cents on the day, increasing 14 percent in March and 4 percent in the quarter, its largest quarterly gain since June 2015.
read more... 01/04/2016
Engie searching associates in Nugen UK nuclear project
French gas and power conglomerate Engie is searching other associates to invest in the Nugen project to construct nuclear reactors in Britain, as stated by Engie director Philippe Pradel.
read more... 01/04/2016
Eni granted a new exploration licence offshore Ghana
Eni will become the operator of a new offshore gas basin in Ghana, as the Italian major has been awarded an exploration licence, the Cape Three Points Block 4, located in the prolific Tano basin.
read more... 31/03/2016
European Investment Bank provides $720 million for Scottish electricity grid
The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.
read more... 31/03/2016