Oil prices increased over 2 percent on Friday, following China shares higher after Beijing neutralized a circuit breaker mechanism that was accused for aggravating equity market crashes, even though a persistent global crude surplus kept a cap on gains.
read more... 08/01/2016
RWE, Germany's second-largest utility, has decided to vend its Lynemouth coal-fired power plant in Britain to Czech-Slovak energy investment group EPH, it declared on Thursday.
read more... 08/01/2016
The associates in Israel's offshore Leviathan natural gas site declared on Thursday they were in negotiations to provide gas to a number of Israeli firms.
read more... 08/01/2016
British energy provider SSE, in collaboration with Irish company Coillte, has obtained financing to accomplish construction of Galway Wind Park, as stated by the firms on Thursday.
read more... 08/01/2016
Brent crude futures dropped to a new 11-year low on Thursday since a declining yuan and an emergency halt in China's stock trading left Asian markets in a havoc, while a significant supply overhang and near-record output levels also continued to drag on oil prices.
read more... 07/01/2016