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Canadian energy firm Enbridge partner with E.ON and GIB in Rampion offshore wind project

E.ON has made known on Thursday that the Canadian energy firm Enbridge has joined the Rampion offshore wind project by purchasing an interest of 24.9 percent. Enbridge will turn into one of three shareholders in Rampion Offshore Wind Limited. E.ON will continue to be the controlling shareholder at 50.1 percent, while the UK Green Investment Bank plc (GIB) possessing a 25 percent interest.

read more... 06/11/2015

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Daily: European coal prices soar on approaching winter peak demand season

Crude oil futures recorded their lowest settlement level in more than a week, dragged down by increasing crude inventories in the United States and the dollar appreciation. West Texas Intermediate (WTI) crude for December delivery fell $1.12, or 2.4%, to settle at $45.20 a barrel on the New York Mercantile Exchange. That was the lowest level since October 27. Brent crude on London’s ICE Futures exchange decreased by 60 cents, or 1.2%, to close at $47.98 a barrel, with prices also at their lowest close in over a week.

read more... 06/11/2015

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Centrica starts drilling for new gas reserves at York field

Centrica began drilling works in a new well York gas field. It will tap into further 20 billion cubic feet of gas – sufficient to heat half a million UK homes yearly.

read more... 06/11/2015

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Top 20 countries with largest electricity generation in 2014

Total electricity generated by 20 biggest power generators in the world was 22,432.6 TWh in 2014 — which was up (+) 1.40% than the year before.

read more... 05/11/2015

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Daily: British gas prices spurred by cut in Dutch imports, weak demand forecast

Crude oil declined on Wednesday, erasing most of their gains from the previous day, as a strong dollar, declining gasoline prices and increasing U.S. crude stockpiles weighted on the market. Brent crude futures fell $1.96, or 3.9 percent, to end at $48.58 a barrel. It had boosted $1.75 on Tuesday. WTI crude shed $1.58, or 3.3 percent, to settle at $46.32. It rose by $1.76 in the previous session.

read more... 05/11/2015

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