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China General Nuclear Power Corporation dismisses it will build alone Hinkley Point C project
China General Nuclear Power Corporation (CGNPC), which is helping French Energy Company EDF with Hinkley Point C project, has categorically dismissed the idea it would go it alone if the largely state-owned French company dropped out.
read more... 16/05/2016
Daily: Oil losses ground, ending a three-day hike on stronger dollar
Crude oil prices declined on Friday, putting the end of a three-day hike, as a strong dollar weighted and investors earned on recent gains, but losses were curbed by disruptions in Nigeria that cut output to the lowest in over two decades and wildfires reduced production from Canada's oil sands. Brent crude futures eased 25 cents to settle at $47.83 a barrel, while U.S. crude dropped 49 cents to close at $46.21. On the week, Brent rose 5.2 percent, while U.S. crude boosted 3.4 percent.
read more... 16/05/2016
Russia could discuss gas price reduction with Belarus next week
Russia will meet with ally Belarus next week to talk about a number of disputed problems, as stated by Russian Energy Minister Alexander Novak on Friday, which industry representatives think will comprise talks about a gas price reduction.
read more... 16/05/2016
Major oil explorer Eni embarks on renewable energy expedition
Italian oil major Eni, which has generally made little investments in green energy taking into consideration its success in discovering oil and gas, plans renewable energy projects in Italy, Pakistan and Egypt.
read more... 13/05/2016
Renewables could transform the heating sector in Europe by 2040
Renewable sources could supply 49% of the energy used to heat Europe’s households by 2040, reducing natural gas demand and helping to slash carbon dioxide emissions, said the U.S. energy consulting firm IHS.
read more... 13/05/2016