Latest news
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
Gazprom awards Chinese gas pipeline agreements to Putin ally
Russia's Gazprom has offered Stroygazmontazh (SGM) agreements estimated at 197.7 billion roubles ($2.8 billion) for work on the construction of the Power of Siberia gas pipeline to China, as shown in the tender documents published on a government website.
read more... 28/12/2015
Daily: Crude oil prices rebound to close above $38 a bbl
Crude oil prices rebounded to settle above $38 a barrel on Thursday, with U.S. crude receiving support from declining stockpiles, pushing WTI crude to a premium to global benchmark Brent for the first time in about a year. Brent crude rose 53 cents to settle at $37.89 a barrel. It plunged to $35.98, an 11-year low, on Tuesday. U.S. crude edged 60 cents higher to close at $38.10 after gaining more than 8 percent last week.
read more... 28/12/2015
UK: Gas and electricity bills £45 cheaper
Gas and electricity bills dropped by £45 between 2014 and 2015, or a cut of 3.3% to an average yearly bill of £1.299, according to the Department of Energy and Climate Change (DECC).
read more... 24/12/2015
Scotland hit a renewable generation record in 2014
Scotland consumed almost 50% of electricity generated by renewables last year, meeting its green energy targets.
read more... 24/12/2015