German energy group E.ON said Tuesday it envisages decommissioning two of three nuclear reactors at OKG Aktiebolag’s Oskarshamn power plant in Sweden, blaming low profitability.
read more... 24/06/2015
Crude futures increased by about 2 percent on Tuesday, with the bounce attributed to technical price triggers, expectations for a weekly decline in U.S. crude supplies and gasoline demand. However, a stronger dollar did little to temper the hike. Brent crude futures rose by $1.11, or 1.8 percent, to close at $64.45 a barrel. U.S. crude futures closed at $61.01, up 63 cents, or 1 percent.
read more... 24/06/2015
British oil giant BP has inked a deal to supply 16 cargoes of liquefied natural gas (LNG) through 2015 and 2016 to state-owned Egyptian Gas (Egas). The final quantity is less than 21 cargoes as previously envisaged.
read more... 24/06/2015
Japan has officially announced a huge floating wind turbine of 7 MW, the largest offshore turbine in the world, located about 12 miles off the coast of Fukushima, in the port of Onahama.
read more... 23/06/2015
Serbia is eyeing a 200 million-euro ($227 million) loan from the European Bank for Reconstruction and Development (EBRD) to help restructuring its power utility Elektroprivreda Srbije (EPS).
read more... 23/06/2015