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Turkey’s giant gas find worth $80 billion: IEA Head

Around $6 billion investment is necessary to start production from field, IEA Executive Director says

read more... 25/08/2020

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GE building largest wind turbine rotor test rig at Dutch site

The renewables unit of General Electric Co is building what it says is the largest wind turbine rotor test rig of its kind at a site in the Netherlands.

read more... 25/08/2020

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Daily (24.08.2020): NBP spot tumbled by 7% on Friday as strong wind weighed on gas-for-power demand.

Oil prices declined on Friday amid concerns over the second wave of the Covid-19 that could dent fuel demand. However, better than expected data for US housing and manufacturing indicators limited the losses. As a result, Brent crude fell 1.2% to settle at $44.35 a barrel. Similarly, WTI futures lost 1.1% to end at $42.34 a barrel

read more... 24/08/2020

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Enel Romania's E-Distributie to invest over 483 mln lei (100 mln euro) in 2020

E-Distributie, part of the Romanian arm of Italian energy group Enel, said on Friday it plans to invest 483 million lei ($118 million/100 million euro) in 2020, mainly in network upgrades.

read more... 24/08/2020

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Motor Oil buys 40-MW wind farm in Greece

Greek petroleum refiner Motor Oil Hellas (FRA:MHZ) has acquired a wind farm with 40 MW of licenced capacity in northern continental Greece.

read more... 24/08/2020

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