Latest news
India to build an ultra mega green solar power project by 2016
The Indian government unveiled its plans to build a 4GW project near Sambhar Lake in Rajasthan, being the largest solar power plant in the world.
read more... 24/09/2013
Daily: European coal prices increase to the highest level since May
Crude oil prices declined on both sides of the Atlantic, down more than $1 per barrel on Monday, despite bullish economic data from China and Europe, as higher crude production from Iraq and a possible lessening in U.S.-Iran relations increased the supply panorama. Brent crude for November delivery eased $1.06 to settle at $108.16 per barrel, after hitting a session low of $107.76. Meanwhile, U.S. crude for November declined $1.16 to $103.59 a barrel. Brent's premium over U.S. crude settled at $4.57, little changed from Friday's close of $4.55.
read more... 24/09/2013
French Total to quit Shtokman gas project
French oil giant Total is envisaging selling its 25 percent stake in the Shtokman Development AG to Russian energy major Gazprom, becoming the last partner to exit from the gas project in the Barents Sea.
read more... 24/09/2013
Vestas to build a 20 MW wind facility in northern France
Danish wind group Vestas has won 20MW turbine order from France-based green energy developer Eole-Res SA, a subsidiary of UK-based Renewable Energy Systems Ltd (RES). This order represents Vestas’ 15th from Eole-Res.
read more... 23/09/2013
Centrica cancels two £1.5bn gas storage plants on weak British economy
Centrica, the owner of British Gas, unveiled that it intends to shelve two huge gas projects, representing a major blow for Britain’s energy security plans.
read more... 23/09/2013