Mongolia has initiated a few huge wind power projects to boost its potential in renewable energy and clean electricity delivery to other states in the area, with the aim to create its own "Asia Super Grid".
read more... 13/10/2017
French oil major Total affirmed that it would start a price war with EDF and Engie in the French power retail sector, as it plans to offer a 10 percent price discount.
read more... 06/10/2017
Oil prices decreased on Monday, sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as fast as bulls had anticipated. Brent crude traded $1.42, or 2.5%, lower at $56.12 a barrel. U.S. crude closed $1.09, or 2.1 percent, down at $50.58 a barrel.
read more... 03/10/2017
Two state-owned Chinese electricity grid companies are interested in acquiring Finland's second-biggest power distributor, Elenia Oy, in a transaction that might be valued at 3 billion euros, as stated by sources on Friday.
read more... 25/09/2017
Oil prices were mixed on Thursday as the market waited to see if the biggest oil producers would deepen supply reductions beyond March at a reunion in Vienna. Brent crude futures closed 0.25% up at $56.43 a barrel. Meanwhile, WTI crude futures ended 0.3% down at $50.55 per barrel.
read more... 22/09/2017