Global oil prices pared a two-day loss and increased by about 2 percent on Wednesday on expectations that prices will rebound as energy companies slashed production investment to ease an oversupply that erased more than half crude’s value since June. Brent crude boosted $1.04 to settle at $49.03 a barrel, while WTI crude climbed $1.31 to close at $47.78 a barrel.
read more... 22/01/2015
Danish wind turbine producer Vestas Wind Systems declared late on Wednesday it had won an order for 298 megawatt turbine for a wind project in the United States.
read more... 22/01/2015
IIndependent British energy provider Ecotricity, specialized in supplying renewable electricity and gas to households, will reduce gas tariffs by 6.1 percent from May 1, passing on a cut in wholesale prices.
read more... 22/01/2015
European Union antitrust regulators have fixed a February 23 deadline for a decision on whether to clear General Electric's programmed acquisition of most of French engineering conglomerate Alstom's electricity equipment business.
read more... 21/01/2015
EDF Energy declared on Tuesday it will expand the lifetime of its Dungeness B nuclear electricity plant in Britain to 2028, subsequent to the authorization of the UK nuclear regulator.
read more... 21/01/2015