Turkey, assisted by the European Bank for Reconstruction and Development (EBRD), envisages the deployment of 61 GW of renewable capacity by 2023, including 20 GW of wind.
read more... 24/02/2015
Crude oil prices were mixed on Friday as the number of U.S. rigs drilling for oil dropped more than expected, while heating oil boosted 6 percent on a cold snap that shrunk output at three refineries. The front-month Brent rose just by penny to settle at $60.22, after plunging to a week low of $57.80 on Thursday. WTI's March futures declined 82 cents to close at $50.34 a barrel, expiring as the front-month contract.
read more... 23/02/2015
The European Commission has initiated a detailed inquiry into Britain's plan to utilize public funds to pay for the change of a coal plant at Lynemouth, northern England, to biomass, declaring it is concerned Britain may be paying excessively.
read more... 20/02/2015
Oil markets increased on Friday to stop a two-day decline, aided by expectations that data later in the day would demonstrate a constant drop in the U.S. oil rig count, a clear sign of the pressure the fall in crude has put on crude producers.
read more... 20/02/2015
Hungary will employ the remaining gas in its supply agreement with Russia over the next four to five years and like this evade having to pay 3 billion euros for the unexploited gas once the contract expires at the end of 2015, according to the Prime Minister Viktor Orban.
read more... 19/02/2015