Crude oil prices have augmented by about $10 per barrel since early August, on thoughts that Saudi Arabia and other members of OPEC will reach an agreement next month with non-OPEC producers headed by Russia concerning a production freeze. U.S. West Texas Intermediate (WTI) crude ended at $48.22 a barrel, up 30 cents, or 0.6 percent, after reaching a session high of $48.75, the highest level since July 5. Brent settled at $50.88 a barrel, a penny lower, after scaling a two-month high at $51.22. Brent rose by 8 percent on the week, going up for a third week consecutively.
read more... 22/08/2016
Turkish Privatization Administration (OIB) will obtain offers for the privatization of the five hydroelectric power plants until the end of September.
read more... 22/08/2016
Britain is in the midst of an energy revolution. The government has pledged since the late 1990s to use more renewable energy.
read more... 19/08/2016
Finnish energy firm Fortum will run and maintain the Tees renewable energy plant in the U.K., as announced by the company on Wednesday.
read more... 19/08/2016
Europe’s biggest producer of renewable energy has started construction on a new wind farm which will form part of a larger network in Norway.
read more... 19/08/2016