Around $6 billion investment is necessary to start production from field, IEA Executive Director says
read more... 25/08/2020
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
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
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
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