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Daily: European spot power prices diverge, with German up and French declining
Crude oil prices edged higher on Thursday, spurred by a hike in gasoline and technical charts calling for stronger prices slashed by concerns about high U.S. crude stockpiles. Brent crude rose by 23 cents, or 0.5 percent, to settle at $48.08 a barrel. WTI crude boosted 18 cents, or 0.4 percent, to close at $45.38.
read more... 23/10/2015
China will purchase 33.5% stake in EDF’s Hinkley Point C nuclear facility in UK
China General Nuclear Power (CGN) has inked an investment deal with EDF for the building and operation of the suggested Hinkley Point C nuclear power station in Somerset, the country’s first new nuclear plant to be constructed in more than 20 years.
read more... 23/10/2015
Google will purchase stake in 310MW Lake Turkana wind farm in Kenya
Google has inked a deal to purchase 12.5% stake in the 310MW Lake Turkana wind farm in Kenya, from Danish wind turbine producer Vestas upon conclusion.
read more... 22/10/2015
Europe’s greenhouse gas emissions plunge 23% on 1990 levels
Carbon dioxide emissions have dipped to a record-low, while the EU’s economy continues to bolster, according to a report unveiled by the European Environment Agency (EEA).
read more... 22/10/2015
Daily: Crude oil plunges 2% to the three-week low on higher increase in U.S. inventories
Crude oil prices plunged by about 2% to hit three-week lows on Wednesday as the U.S. government unveiled a larger than expected increase in crude inventories, although important declines in gasoline and distillates prevented a more abrupt slide in crude futures. WTI crude slipped $1.09, or 2.4 percent, to settle at $45.20 a barrel. It touched a three-week low of $44.86 earlier. Global oil benchmark Brent closed down 86 cents, or 1.8 percent, at $47.85 a barrel, after registering an early October low of $47.50.
read more... 22/10/2015