Latest news
Siemens wins $81 million wind turbine agreement for Bosnian utility
Bosnia's power utility Elektroprivreda HZHB (EPHZHB) declared on Friday it had awarded a 72 million euro ($81 million) agreement to German industrial group Siemens to provide wind turbines for its future 44 megawatt (MW) wind farm.
read more... 21/03/2016
European Commission authorized Finnish cash for LNG terminal
The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.
read more... 21/03/2016
TransCanada on track to create one of North America's largest regulated natural gas transmission businesses
TransCanada Corp, the Calgary-based energy giant, will buy Columbia Pipeline Group for $10.2 billion, creating one of the largest regulated natural gas transmission businesses in North America.
read more... 18/03/2016
China wasted one fifth of wind power generated in 2015 due to low utilization efficiency
China wasted a total of 33.9 billion kilowatt-hours (kWh) of wind power in 2015 due to low utilization efficiency, the National Energy Administration (NEA) said, the equivalent of 20% of total generated wind power.
read more... 18/03/2016
Daily: Crude oil prices hit the highest level in 2016 amid output freeze hopes
Crude oil prices soared to 2016 highs on Thursday, with WTI crude increasing 5 percent to break the $40 threshold, on optimism that top producers will reach an output freeze deal next month amid boosting crude exports and gasoline demand in the United States. On Thursday, the front-month in U.S. crude's West Texas Intermediate (WTI) futures rose $1.74, or 4.5 percent, to settle at $40.20, after attaining a 2016 high of $40.26. Brent crude's front-month increased $1.21 to close at $41.54, after earlier attaining the year's high of $41.60.
read more... 18/03/2016