Latest news
Bilfinger declares will quit renewable energy group Desertec
Bilfinger is quitting the Desertec Industrial Initiative (DII), a German industrial conglomerate with a major goal to import solar and wind electricity from deserts, as stated on Sunday by a representative for the industrial services group.
read more... 15/04/2014
Cyprus receives four offers for temporary gas supplies
Cyprus has obtained four offers to provide the island with natural gas, a provisional solution for electricity generation before its own reserves appear, as stated on Monday by state company DEFA.
read more... 15/04/2014
Daily: European spot electricity prices jump on colder weather, weaker wind power supply
Brent crude oil boosted more than $1.50 on Monday as violence intensified in Ukraine and as Western powers decided to expand sanctions against Russia, while U.S. crude posted a modest gain on positive retail sales figures that gave assign that U.S. economy is rebounding.
read more... 15/04/2014
Shell abandons innovative Norwegian Subsea gas project
Royal Dutch Shell has abandoned one of Norway's major and most modern industrial projects because of increasing costs and intricacy, facing a blow to equipment expected to develop offshore production.
read more... 14/04/2014
Statoil makes another oil and gas discovery in the North Sea
A new gas and oil discovery has been made by Norwegian oil major Statoil in the northern part of the North Sea, about 10 kilometers of the Valemon gas and condensate field presently under development, as stated by the company on Friday. It is the second substantial finding off Norway in two days.
read more... 14/04/2014