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Solar reaches 10% of peak summer power in Japan

Solar power generation made up about 10% of the peak summer electricity supplies of Japan's nine major utilities, as reported on Thursday by the Asahi newspaper.

read more... 03/09/2015

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EDF to postpone the Flamanville reactor to 2018

French utility EDF announced on Thursday another delay for the EPR nuclear reactor it is building in Flamanville, Normandy to 2018 which should lead to additional costs of over 10 billion euros from an initial budget of 3 billion euros, according to the newspaper Le Figaro.

read more... 03/09/2015

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Daily: Crude oil prices rebound nearly 2 % on rallying inventories on Wall Street

Crude oil prices closed nearly 2 percent higher on Wednesday in a nervous trading, spurred by rallying equities on Wall Street after futures have declined on worries about global oversupply. Brent crude for October delivery boosted 94 cents to settle at $50.50 a barrel, having rebounded from a $47.74 low. It reached $51 post-settlement. WTI crude for October delivery increased by 84 cents to close at $46.25, after slipping to $43.21 and reaching $46.77.

read more... 03/09/2015

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UK: Coal-fired Eggborough power plant set to close in March on high costs

Britain's coal-fired Eggborough power plant is set to close at the end of March 2016, blaming too high costs to continue running the 53-year-old power station, according to its owner declarations on Wednesday.

read more... 03/09/2015

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Eni makes a milestone gas discovery in the Egyptian offshore

Italian energy group Eni has made a milestone gas discovery off the coast of Egypt, the largest ever found in the Mediterranean Sea and which could provide a much-needed boost for the country’s economy.

read more... 02/09/2015

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