Serbia's Elektromreza Srbije (EMS) electricity grid operator acquired a 10 percent share in Montenegro's Crnogorski Elektroprenosni Sistem AD for approximately 14 million euros ($15.30 million), as stated by a source close to the deal.
read more... 30/12/2015
Norway's pipeline gas exports to Europe attained a new annual record high of 107.9 billion cubic metres as of December 29, as indicated by preliminary data from gas system operator Gassco on Wednesday.
read more... 30/12/2015
China will slash tariffs for wind and solar electricity generators, unveiled the Chinese National Development and Reform Commission (NDRC), blaming recent declines in operating costs.
read more... 29/12/2015
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
India has inked cooperation agreements with Russia in different fields comprising nuclear energy and solar power.
read more... 29/12/2015