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Daily: European spot power drops due to higher German solar production, lower power demand

Global crude oil prices posted a slight drop on Thursday, dragged down by pessimistic economic data from China and by an OPEC’S forecast showing a recovery in oil exports from Libya.

read more... 11/04/2014

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UK might produce shale gas within 4 years in urgent situation

The production of shale gas in UK might start in four years if the existing crisis in Ukraine expands so much that a state on national emergency is pronounced, as stated by the chief executive of Cuadrilla Resources.

read more... 03/04/2014

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Russia’s Rosneft in partnership with US Exxon to start output at LNG plant

Russia’s Rosneft, announced its collaboration with U.S. ExxonMobil in view to initiate production at its first liquefied natural (LNG) plant in 2018-2019, regardless of East-West conflicts over Ukraine.

read more... 02/04/2014

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Siemens to invest £160 million in UK wind turbine production and installation facilities

Global engineering giant Siemens has confirmed its plans to invest £160 million in wind turbine production and installation facilities in Yorkshire, England.

read more... 01/04/2014

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Medvedev mulls doubling gas production in Crimea

Gas production in Crimea region could increase by two-fold within the next few years, declared Russia’s Prime Minister Dmitry Medvedev.

read more... 26/03/2014

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