Coriolis Energy and Ireland's Electricity Supply Board (ESB) have decided to jointly develop nine onshore wind farms across Britain capable of producing sufficient electricity to power 225,000 homes, according to their statement on Tuesday.
read more... 29/04/2015
Crude oil ended lower on Monday as robust supply compensated support from the conflict in Yemen and the declining number of U.S. rigs drilling for oil made traders hesitant after prices reached 2015 peaks last week. Brent crude for June delivery dropped 45 cents to close at $64.83 a barrel, having oscillated from $64.40 to $65.61. European benchmark hit the highest level in 2015 at $65.80 on Friday. WTI crude eased 16 cents to settle at $56.99, having fluctuated from $56.52 to $57.89. It hit a 2015 peak of $58.41 last Thursday.
read more... 28/04/2015
Crude oil futures were mixed on Friday amid declining US drilling activity and as the continuing turmoil in Yemen intensified concerns about eventual supply disruptions in the Middle East. Brent crude for June delivery increased by 43 cents, or 0.7%, to settle at $65.28 a barrel on 24 April, trading at its highest levels since December 2014. WTI crude for June delivery decreased 59 cents, or 1%, to close at $57.15 a barrel on 24 April.
read more... 27/04/2015
The European Union is working on contingency plans to make member states better equipped for any kind of energy supply outages, as stated by Europe's energy and climate chief on Thursday.
read more... 17/04/2015
Crude oil futures boosted on Monday, but settled well below intraday highs, spurred by worries about Iran and geopolitical risks in Yemen, while global oversupply continued to slash gains. Brent crude for May jumped 6 cents to close at $57.93 a barrel, having oscillated between $57.46 and $59.54. U.S. crude boosted 27 cents to settle at $51.91, away of its $53.10 peak just below its 100-day moving average at $53.18. It was last above that key technical level in July 2014.
read more... 14/04/2015