Latest news
Dong Energy: wind capacity to be increased to 312MW at Riffgrund
Dong Energy decided to increase the total capacity of its turbines from 277 MW to 312 MW at the Borkum Riffgrund 1 offshore wind farm. The turbines are likely to be upgraded from 3.6 MW to 4 MW.
read more... 17/03/2014
Daily: Brent crude prices settle higher ahead of Crimea referendum
Brent crude oil boosted over $1 on Friday ahead of the Sunday’s vote organized by pro-Moscow authorities, raising concerns that Crimea will chose to join Russia. U.S. crude oil also increased, but not so significantly, with gains being slashed by a surge in supply and weaker demand in U.S. and China, the biggest and second-biggest oil consumers.
read more... 17/03/2014
RWE: oil and gas division likely to be sold to group managed by Russia’s Fridman
RWE, the indebted German utility, intends to sell its oil and gas output division DEA to a group of investors managed by Mikhail Fridman, the Russian magnate. The arm is estimated at almost 5.1 billion euros (or $7.10 billion), counting the debt.
read more... 17/03/2014
E.ON, ENEL to close more plants because of European power crisis
Two of Europe's major power companies, E.ON and Enel, declared on Wednesday they intend to close more plants and reduce costs, joining competitors in warning that the industry crisis will influence profits in the years to come.
read more... 14/03/2014
Spain: Gamesa plans to develop abroad and to expand wind farms’ lifetime
Gamesa, the major wind turbine producer in Spain, intends to expand its operations in countries such as Mexico, Brazil and India.
read more... 14/03/2014