Irish wind production rose by 28% in 2015 and presently represents one fifth of all electricity generation in the country.
read more... 06/06/2016
Crude prices fell more than 1 percent on Friday, prolonging losses after weekly industry figures showed U.S. drillers added nine oil rigs last week. Prices had already declined in early trade on concerns about the U.S. economy, but losses were capped by a weakening dollar. Brent crude futures ended the session down 40 cents at $49.64 per barrel. However, Brent’s remained almost double January lows, hitting its eighth weekly gain in nine weeks. U.S. West Texas Intermediate (WTI) crude futures eased 55 cents to settle at $48.62. For the week, prices dropped 1.1 percent, its first weekly decline in four weeks.
read more... 06/06/2016
State Grid Corporation of China's (SGCC) offshore investment unit has emerged as the successful bidder to acquire a 14% stake in Belgium gas and power distribution firm Eandis Assets.
read more... 06/06/2016
Last year saw a record in worldwide development of new renewable energy, according to the Renewables Global Status Report.
read more... 03/06/2016
Israel’s government on Thursday gave the green light to the U.S. energy company Noble Energy for the development of the controversial Leviathan natural gas field which will offer Israel a second source of gas supply, with the possibility to turn it into a gas exporter.
read more... 03/06/2016