Network operators TenneT and TransnetBW have joined forces to build Germany's greatest power line to transport surplus of wind power from northern regions into the south, an important step in the country's attempt to shift away from nuclear. The objective is to build power lines to take renewable energy from where it is abundant and carry it to where it is needed.
read more... 25/10/2013
A consortium led by the French energy giant Total, with German firm Wintershall and Pan America Energy from Argentina will invest USD 1 billion (EUR 725.1m) to develop the Vega Pleyade offshore deep water natural gas field off the southern coast of Argentina.
read more... 25/10/2013
U.S. crude oil futures recovered losses in choppy trade on Thursday while European Brent crude dropped.
read more... 25/10/2013
The German energy provide E. ON unveiled it started the construction of its Amrumbank West offshore wind farm in the North Sea.
read more... 24/10/2013
Crude oil prices plummeted on Wednesday in volatile spread trading following an increase in U.S. crude oil inventories to the highest level since June.
read more... 24/10/2013