Latest news
Engie's stakes in NuGen sold to Toshiba
NuGeneration is now solely owned by the Japanese electronics conglomerate Toshiba. The electronics company finished the purchase of French utility Engie’s 40% stake after it exerted its right to ask Toshiba to buy all stakes held by Engie in NuGen.
read more... 27/07/2017
Japan's Mitsui will vend stake in UK's First Hydro
Japanese trading house Mitsui & Co declared on Friday it has decided to vend its entire 25 percent stake in UK hydro power company First Hydro to Brookfield Renewable Partners L.P. for over 5 billion yen ($45 million).
read more... 21/07/2017
Statoil targets Japan and U.S. for floating wind development
Norwegian oil company Statoil is eyeing Japan and the U.S. states of California and Hawaii to enlarge its floating offshore wind turbine business, the manager of its New Energy Solutions business told Reuters.
read more... 07/06/2017
Hitachi seeks ONR approval to launch a 2.7GW UK nuclear plant
Japanese corporation Hitachi unit Horizon Nuclear Power seeks the approval from the Office for Nuclear Regulation (ONR) to develop a 2.7GW Wylfa Newydd nuclear power plant in North Wales, UK.
read more... 06/04/2017
IEA report: Oil demand likely to reduce in 2017, non-OPEC countries seen rising production
The demand for oil is anticipated to decrease from 1.6 million barrels a day in 2016 to 1.4 million barrels a day in 2017 which will add more issues for the producers while they could try to increase prices, as indicated in the International Energy Agency report published earlier this week, based on the early 1st quarter indicators showing slowdowns in Japan, Germany, Korea and India in January 2017.
read more... 16/03/2017