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Oil, gas majors spending 1.3% of investment on green energy

Top oil and gas companies invested only around 1.3% of their total capital expenditure this year on clean energy.

read more... 13/11/2018

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Bosnia's Federation aims at 44% share of renewable energy in 2020

Bosnia's Federation government targets a 44% share of renewable energy in the entity's electricity mix in 2020, it said.

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Daily (12.11.2018): German electricity spot price fell by 27.6% on Friday due to an oversupplied system

Stronger global supply alongside increased fears over lower rhythm of demand growth led to bearish oil prices on Friday. Brent crude lost $0.47, or 0.7% to end at $70.18 a barrel. WTI futures traded $0.48, or 0.8% lower at $60.19 a barrel.

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Saudi Arabia, Russia discussing possible oil-production cuts

Saudi Arabia's energy minister said Sunday that the kingdom will reduce exports by about 500,000 barrels a day from November to December. Khalid al-Falih made the comment at a meeting of oil producers in Abu Dhabi.

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India Power-led tie-up wins tender for 100 MW solar park in Albania

Albania’s energy ministry said it has selected a consortium led by India Power Corporation Ltd for the construction of a 100 MW solar park worth 70 million euro ($79.3 million) in Akerni area, near the southwestern port city of Vlora.

read more... 12/11/2018

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