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Nordex will merge with Acciona in April

Nordex’s fusion with Acciona will be legally and commercially finalized at the beginning of April, as stated by the Germany turbine manufacturer on Monday.

read more... 22/03/2016

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Oil-rich Iraq starts exporting first natural gas shipment in its history

Iraq on Sunday has begun exporting first shipment of natural gas condensate in its history, according to an Iraqi government spokesman.

read more... 21/03/2016

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Daily: German forward power prices boost following firmer oil and coal

Crude oil prices declined on Friday after the U.S. oil rig number increased for the first time since December, resuming concerns of a supply glut after an output freeze plan helped drive the market to 2016 peaks and multi-week gains. Brent crude lost 24 cents at $41.30 a barrel, having boosted $1 earlier to a 2016 high of $42.54. U.S. crude for April delivery closed at $39.44 a barrel, fell 76 cents, or 1.89 percent, after soaring $1 earlier to a year peak of $41.20.

read more... 21/03/2016

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Siemens wins $81 million wind turbine agreement for Bosnian utility

Bosnia's power utility Elektroprivreda HZHB (EPHZHB) declared on Friday it had awarded a 72 million euro ($81 million) agreement to German industrial group Siemens to provide wind turbines for its future 44 megawatt (MW) wind farm.

read more... 21/03/2016

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European Commission authorized Finnish cash for LNG terminal

The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.

read more... 21/03/2016

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