Latest news
Vattenfall will construct 3.6 GW of offshore wind in UK
Sweden’s Vattenfall has begun plans for one of the biggest offshore wind farms in the North Sea. Norfolk Vanguard and bordering Norfolk Boreas will each have a capacity of 1.8 gigawatts. In the meantime, a new British study expects to reduce the cost of offshore wind to 12.8 cents, which would still lead to a quarter more expensive electricity than in Germany in spite of the better or equal conditions in the UK.
read more... 22/03/2016
British giant BP inks deal for China's biggest carbon permit buyback contract
British energy giant BP has inked a deal with China's Shenzhen Energy for the first cross-border carbon permit buyback contract in China.
read more... 22/03/2016
Daily: Oil rebounds on crude stockpiles withdrawal at Cushing hub
Crude oil prices boosted about 1 percent on Monday after figures indicated crude stockpiles at the Cushing, Oklahoma delivery hub plunged for the first time since January and ahead of the expiration of the U.S. front-month contract. However, oil increase was capped by worries that U.S. energy companies could boost drilling again after a two-month long recovery in crude prices. Brent crude futures for May delivery rose 34 cents, or 0.8 percent, to settle at $41.54 a barrel. Brent has rebounded 53 percent from 12-year lows of $27.10 attaint on January 20. U.S. crude's futures for April delivery climbed 47 cents, or 1.2 percent, to close at $39.91, expiring as the front-month.
read more... 22/03/2016
Nordex will merge with Acciona in April
Nordex’s fusion with Acciona will be legally and commercially finalized at the beginning of April, as stated by the Germany turbine manufacturer on Monday.
read more... 22/03/2016
Oil-rich Iraq starts exporting first natural gas shipment in its history
Iraq on Sunday has begun exporting first shipment of natural gas condensate in its history, according to an Iraqi government spokesman.
read more... 21/03/2016