French electricity giant EDF has agreed to curb electricity prices for the country’s most energy-intensive factories to make them more competitive than their counterparts in Germany and North America, where power prices are lower.
read more... 22/07/2014
Tullow Oil PLC unveiled it had stopped up and quitted its Lupus exploration well in the Norwegian North Sea blaming its failure to find any hydrocarbons. The well is 35km south-east of the Oseberg Sor Field and 110km west of the island of Sotra in the North Sea.
read more... 21/07/2014
Spain’s biggest wind turbine maker, Gamesa, has won orders to deliver 220 MW of its wind turbines for the main independent power producers (IPP) companies in the wind energy market in India.
read more... 21/07/2014
French energy giant EDF entered into 20-year liquefied natural gas (LNG) sale and purchase deal with Cheniere Energy, Inc. in Texas.
read more... 21/07/2014
Crude oil prices slipped in thin trade on Friday, but posted their firstly weekly increase in a month following the crash of the Malaysian plane over eastern Ukraine and as Israeli troupes invaded Gaza. Brent dropped 65 cents to close at $107.24 a barrel, reversing the previous day's gains. WTI crude slipped 6 cents to hit $103.13, after touching a session high of $103.94 and settling $1.99 higher on Thursday, a hike that partially reversed three weeks of losses.
read more... 21/07/2014