Latest news
E.ON and Statoil will construct big wind farm offshore Germany
Energy producers E.ON and Statoil will make an investment of over 1.2 billion euros ($1.35 billion) to develop the Baltic Sea Arkona wind farm off the coast of Germany, as stated by the two firms on Monday.
read more... 26/04/2016
China to keep under control its coal-fired power capacity
China’s government said on Monday that it would strictly monitor the total capacity of its coal-fired power sector, confirming a move that had previously been pointed out by the country’s energy regulator.
read more... 25/04/2016
Latvia government envisages takeover of gas pipelines and underground storage
Latvia should take over its main gas pipelines and underground storage, 34 percent possessed by Russia's Gazprom, next year to guarantee a steady transition from a regulated to liberalised gas market, as stated by the economy minister.
read more... 25/04/2016
Macron declares EDF will decide in September on UK nuclear plants
French state-controlled utility EDF will postpone the final investment decision on its project to construct two nuclear plants in Britain until September, as stated by French Economy Minister Emmanuel Macron in a newspaper interview.
read more... 25/04/2016
Daily: Crude oil prices post the third week of gains on upbeat market sentiment
Crude oil prices boosted on Friday and posted their third consecutive week of gains on optimistic market sentiment and on signs that a continuing global oversupply may be alleviating. Brent futures rose by 1.3 percent to settle at $45.11 per barrel, while U.S. West Texas Intermediate crude climbed 1.3 percent at $43.73 a barrel. Both contracts increased as much as 3 percent during the session. Brent has rallied by 4.5 percent this week and U.S. crude by 8.4 percent as both benchmarks recorded a third week of gains.
read more... 25/04/2016