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UK’s Centrica renews its gas import deal with Qatar

UK-based Centrica has renewed its multi-billion pound contract to acquire gas from Qatar until 2023, as it envisages new imports to the UK to compensate declining North Sea supplies.

read more... 06/09/2016

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The 14.4MW Creußen wind farm likely to be commissioned by May

Trianel has purchased the 14.4MW Creußen wind farm in Bavaria as part of plans to expand its German green energy portfolio.

read more... 06/09/2016

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Daily: Crude oil rallies at one-week high after Russia and Saudi Arabia pact

Crude oil futures hit a one-week high on Monday, after top producers Russia and Saudi Arabia signed a pact to cooperate on stabilizing the oil market and raised hopes that they would work together to tackle a global glut. Brent crude futures for November delivery rose 80 cents per barrel or 1.71 percent to settle at $47.63 a barrel. They earlier touched a session high of $49.40, a peak since August 30, ahead of the Russia-Saudi agreement. U.S. crude for October delivery gained 75 cents or 1.69 percent to end at $45.19 a barrel, after attaining a high of $46.53 a barrel earlier.

read more... 06/09/2016

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Scots and Irish cooperate on ocean energy

Ireland, Northern Ireland and Scotland have united forces to accelerate the expansion of ocean energy.

read more... 05/09/2016

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Latvijas Gaze to spin-off ahead of market liberalization

The shareholders of Latvia’s gas utility Latvijas Gaze gave the green light on Friday for the creation of a new company in charge of gas transmission and storage, ahead of market liberalization in 2017.

read more... 05/09/2016

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