Latest news

Daily: British natural gas prices drop on weak demand, warmer temperatures

European benchmark Brent prices posted a modest decline on Wednesday dragged down by geopolitical risk in Libya and signs that the European Union might impose more stringent sanctions on Russia.

read more... 13/03/2014

news

Czech PM desires more EU funding for energy security

The Czech Prime Minister, Bohuslav Sobotka, declared on Tuesday that more funding is needed from the European Union to projects increasing energy security of its member states by linking their energy networks in order to strengthen diversification of resources.

read more... 12/03/2014

news

Italy: shutdown of 2 Vado Ligure coal units

Tirreno Power, an Italian electricity generation company, owned 50% by France’s GDF Suez, has received an order from an Italian judge to shutdown two coal-fired units at its Vado Ligure plant because of ecological concerns, as stated by a spokesman for the Italian firm.

read more... 12/03/2014

news

Alstom: first wind turbine order from South Korea

Alstom has won its first order from GS Electrical Power & Services, based in South Korea, to provide and install turbines for the 30MW Gimnyeong wind farm situated in Jeju Island.

read more... 12/03/2014

news

Daily: U.S. crude oil prices slump on China corporate default concerns

WTI crude oil prices dropped more than $1, pressured by copper prices which hit four-year lows on fears that other companies may follow Shanghai Chaori Solar Energy Science and Technology Co Ltd, which faced corporate default last week.

read more... 12/03/2014

news