Latest news
UK obtained £6 billion in fossil fuel subsidies
The UK obtained approximately £6 billion in fossil fuel subsidies between 2013 and 2014, as indicated in a new report by research organisation Oil Change International.
read more... 16/11/2015
Daily: European power prices evolve differently as demand spurred French prices
Crude oil prices decreased over 2% on Friday, prolonging the week’s decline to the largest in eight months, dragged down by largest amount of storage of crude. WTI crude fell $1.01, or 2.42 percent, to settle at $40.74 a barrel. It lost about 8 percent on the week, its most since March. Brent crude dropped 46 cents, or 1.04 percent, to close at $43.60 a barrel. For the week, Brent plunged nearly 8 percent, also its most since March.
read more... 16/11/2015
BP inks an agreement to accelerate Egypt gas development
BP has inked a deal with Egypt to accelerate the expansion of an offshore gas field.
read more... 13/11/2015
Nordex predicts higher sales, margins after Acciona wind purchase
Nordex intends to almost double sales over the next three years, as stated by the German wind turbine manufacturer on Thursday, encouraged by its latest 785 million euros ($844 million) purchase of Spanish company Acciona's wind power business.
read more... 13/11/2015
Gazprom reduces its share in Nord Stream to 50%
Gazprom has decided to vend an extra 1 percent of its stake in the Nord Stream gas pipeline to the French company ENGIE, reducing its stake in the project to 50 percent, as mentioned by Interfax news agency on Thursday.
read more... 13/11/2015