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Daily: European power prices rally after “positive” EU carbon vote

Brent crude futures soared 5 percent on Wednesday, after Saudi Arabia’s oil minister said oil demand was increasing and figures showed Chinese factories were producing more than projected. Brent crude for April delivery boosted $2.97 to settle at $61.63 a barrel. WTI April crude climbed $1.71 to close at $50.99.

read more... 26/02/2015

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Chevron wants to stop Romania shale gas project

Chevron Corp declared it will stop shale gas exploration plans in Romania, after an evaluation demonstrated the Black Sea state does not contest constructively with other investment opportunities.

read more... 23/02/2015

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Siemens to install 360 MW of onshore wind power in South Africa

German engineering company Siemens has been awarded another significant wind power contract, with an order for 157 wind turbines for three projects in the South African province of Northern Cape. The customer is a consortium led by Mainstream Renewable Power.

read more... 20/02/2015

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Britain gives the green light to the largest offshore wind project in the world

Britain's energy ministry has given the green light to the Dogger Bank Creyke Beck offshore wind project, the largest offshore wind park worldwide.

read more... 18/02/2015

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Statkraft and RWE Innogy to jointly develop the Triton Knoll offshore wind project in Britain

Norwegian utility Statkraft has acquired a 50% stake in Triton Knoll offshore wind project in Britain, joining existing German developer RWE Innogy.

read more... 16/02/2015

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