The European offshore wind power industry attracted a record $15.3 billion (EUR 14 billion) in new investments during the first six months of 2016, but the manager of WindEurope stated cost decrease remains imperative.
read more... 28/07/2016
British oil major Royal Dutch Shell reported a sharp drop in its quarterly profits, down by more than 70%, below analysts’ expectations.
read more... 28/07/2016
Shareholders at EDF have approved a $4.4 billion equity fundraising that will go towards paying for the UK’s Hinkley Point C plant as well as improving other nuclear facilities in France.
read more... 28/07/2016
Crude oil prices declined 3 percent on Wednesday, with WTI crude futures reaching three-month lows, as U.S. crude and gasoline inventories hiked on low demand during the peak summer driving season. U.S. West Texas Intermediate (WTI) crude futures fell $1, or 2.3 percent, to settle at $41.92 a barrel. WTI's session low was $41.68, the weakest level since April 20. Brent futures eased $1.40, or 3.1 percent, to close at $43.47 a barrel. Brent earlier slipped to $43.33, the lowest since May 10.
read more... 28/07/2016
General Electric has performed modernizations on two GE 9FA gas turbines at the 750 MW Nubaria combined cycle gas-fired power plant in Beheira, Egypt.
read more... 27/07/2016