The last two coal-fired power units in New Zealand will be closed in the following three years.
read more... 11/08/2015
Crude oil prices rebounded on Monday, up 4 percent after a hike in U.S. gasoline and diesel due to a refinery outage helped crude futures recover from multi-month lows. Brent boosted 3.7 percent, recording its largest gain since end-May. U.S. crude jumped 2.5 percent, its highest in two months. Brent crude advanced $1.80 to close at $50.41 a barrel. WTI crude added $1.09 to settle at $44.96 a barrel.
read more... 11/08/2015
Wind Minds has inked a memorandum of understanding with Korean firm Doarm Engineering to establish two 100MW offshore wind farms in South Korea.
read more... 11/08/2015
The Russian Government has authorized a draft deal in collaboration with the Pakistan Government for the building of the North-South gas pipeline.
read more... 10/08/2015
The southern region of South Africa is likely to achieve energy sufficiency by 2019, wiping out its current 8,247 MW of electricity shortfall, according to energy ministers.
read more... 10/08/2015