Latest news
Wind power industry shells out EUR 65bn in Europe in 2018
The wind power industry invested last year a total of EUR 65 billion (USD 73.1bn) in Europe’s new wind farms and other financing activities, according to the Financing and Investment Trends report published by WindEurope on Thursday.
read more... 19/04/2019
DEPA sells gas to Bulgaria at 16 pct less
Public Gas Corporation (DEPA) of Greece has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.
read more... 18/04/2019
Shell to invest $15 billion in Nigeria's oil and gas industry
Nigeria will get a large oil and gas investment from Shell Petroleum Development Company in the amount of about $15 billion, according to the Lagos-based newspaper ThisDay, citing managing director of the unit, Nosa Okunbor.
read more... 08/04/2019
Russia remains China’s largest crude oil source for 3rd year
China's dependence on imported crude oil has climbed to about 70 percent with Russia remaining the country's largest supplier for three consecutive years from 2016 to 2018, said an industry report.
read more... 25/03/2019
Europe adds 2.6 GW of offshore wind in 2018
The European offshore wind industry added 2,649 MW of net capacity in 2018, the bulk of which in the UK and Germany, but saw installations drop 15.8% from the record 2017, show statistics by WindEurope, released today.
read more... 07/02/2019