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Alstom to build a €450 million concentrating solar plant in Israel

French engineering group Alstom alongside BrightSource and NOY Infrastructure & Energy Investment Fund secured loans from the European Investment Bank and the Bank Hapoalim for the construction and operation of the Ashalim Thermal Solar Power Station in Israel.

read more... 15/07/2014

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China and Russia to ink a $1.6 bln deal on Siberian LNG Project

A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has inked a $1.6 billion engineering deal to build equipment for a liquefied natural gas (LNG) project in Siberia, the company declared on Wednesday.

read more... 14/07/2014

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Croatia is on track to become a regional energy hub

Croatia has all the chances to become a regional energy hub, ensuring energy supplies in the area by diversifying supply options for the European countries and permitting them to reduce their grip on Russian gas, reiterated U.S. Assistant Secretary of State Victoria Nuland.

read more... 14/07/2014

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Daily: Brent crude dips at three-month low on attenuating geopolitical risks

Brent crude oil reached a three-month low on Friday, prolonging losses for the third consecutive week as concerns about supply interruptions in the Middle East and North Africa continued to attenuate. The decline also weighed on U.S. crude futures, which dipped to a two-month low under $101.

read more... 14/07/2014

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Germany, the FIFA world cup winner, hit another green energy record in the first semester of 2014

Renewable energy accounted for about 31 percent of Germany’s electricity mix in the first half of 2014 due to abundant sunshine and wind, according to a new report released by the Fraunhofer Institut.

read more... 14/07/2014

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