E.ON starts building a 57MW wind farm in Italy

20/02/2018 14:00 Wind


E.ON has started the construction of an onshore wind farm in Italy with the capacity of 57MW.

The Morcone project located in the Benevento region close to Naples will utilize 19 turbines of 3MW from Danish producer Vestas.


The energy giant is now in the process of constructing the neighboring roads and placing the foundations for the first wind turbines, with installation of the most important components scheduled for the summer.


The wind site is likely to become functional at the beginning of 2019.

Daily (11.10.2018): WTI crude dropped by 2.4% on Wednesday as forecasts for lower economic growth curbed the demand for oil

11/10/2018 11:01:00

Oil crude prices slipped on Wednesday as the International Monetary Fund (IMF) mitigated its global growth projections in its latest World Economic Outlook report, reducing the demand for oil. However, the losses were capped as Hurricane Michael led to the shutdown of roughly 40% of Gulf of Mexico’s crude oil production. Brent crude closed at $83.09 a barrel, representing a 2.3% loss. WTI crude tumbled by 2.4% to settle at $73.17 a barrel.


World Bank will not support new coal power plant in Kosovo

11/10/2018 09:03:00

President of the World Bank Group Jim Yong Kim confirmed that the international organization will not support a coal power plant in Kosovo.


Novatek Announces Major Offshore Gas Find in Russian Arctic

11/10/2018 08:58:00

Russian gas and LNG firm Novatek announced Wednesday that it has found a major new gas field in the Gulf of Ob, just off the Yamal Peninsula in the Russian Arctic.