Latest news
Offshore renewable energy in UK
The offshore renewable energy industry in UK might produce electricity corresponding to one billion barrels of oil per year, matching oil and gas output in the North Sea, as stated in a report.
read more... 20/05/2010
The euro coal price dropped by $1.50 per ton
FOB South African and Europe prices for delivered coal cargoes dropped by nearly $1.50 per ton on Wednesday, due to weak oil and power.
read more... 20/05/2010
Great Britain's National Grid intend to increase its rights issue
The National Grid of Great Britain is going to increase its rights issue by 3.2 billion pounds ($ 4.6 billion) in order to sustain its credit rating and fund increased investment, registering already, a 12% increase in its profit.
read more... 20/05/2010
Gamesa builds its fifth manufacturing plant in China
Gamesa intends to build its fifth manufacturing plant in China, in the Da’an city, the region of Jilin, expanding its presence in the Asian country. Jilin province is one of China’s major wind energy regions.
read more... 19/05/2010
Oil swings near $68 on high stocks worries
Oil swings near $68, after registering a seven-month low on Wednesday, the third decrease this week, as consequence of increasing U.S. crude stocks, influenced by stricter financial regulation in the U.S. and implications of Europe debt crisis on most commodities.
read more... 19/05/2010