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Daily: Brent crude near 11 year-low as supply glut concerns come back
Crude oil prices declined over 3% on Monday, with Brent nearing 11-year lows again as oversupply worries returned. Brent declined $1.27 to close at $36.62 a barrel, after slipping to a session low of $36.52. It hit $35.98 on Tuesday, its weakest level since 2004. WTI ended the session down $1.29 at $36.81, after an intraday low at $36.66.
read more... 29/12/2015
Russia will construct more nuclear units in India
India has inked cooperation agreements with Russia in different fields comprising nuclear energy and solar power.
read more... 29/12/2015
1.2 GW onshore wind should be installed in 2016
Onshore wind developers are likely to install minimum 1.2GW of new capacity in 2016.
read more... 29/12/2015
Gazprom put into operation two combined cycle gas turbine units at home
Gazprom has put into operation two combined cycle gas turbine units (CCGT-420) in Russia, one at CHPP-20 power plant in Moscow and another at Serov SDPP power plant in Sverdlovsk region.
read more... 28/12/2015
Spain's Abengoa inks an agreement with creditors for emergency loan
Spanish thermal solar power and engineering company Abengoa inked an accord with its creditor banks on Thursday for a 106-million-euro ($116.1 million) credit line to aid prevent what would be Spain's biggest-ever bankruptcy.
read more... 28/12/2015