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Italy: local utility reforms likely to be included in October stability pact

The Italian government is trying to incorporate a series of measures designed at encouraging consolidation of the country's local utilities in the stability pact programme it intends to launch in October, as stated by the deputy industry minister on Monday.

read more... 07/10/2014

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Finland offers financial backing to three small LNG terminals

The Finnish government allocated 65.2 million euros (84.22 million US dollar) in financial backing to construct three small liquefied natural gas (LNG) terminals to cut on utilization of fuel oil and liquefied petroleum gas (LPG) in industry, as stated by the economy ministry on Thursday.

read more... 19/09/2014

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Daily: Brent crude dropped towards $102 a barrel due to a rise in stocks, US data

Brent crude price reduced towards $102 a barrel on Thursday, since U.S. industry data showed an increase in fuel stocks in the world's major oil consumer last week, raising new worries on the strength of demand.

read more... 04/09/2014

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UK wind power hits a new record in August

This past Sunday night, at about 10 pm local time, the UK’s wind energy industry set a fresh hourly output record, delivering an average of 5 GW of power over the hour and covering 17 per cent of national demand, according to trade association RenewableUK.

read more... 13/08/2014

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Wind power will account for more than 7 percent of the world’s electricity mix by 2018

Despite a dramatic slowed growth in the global wind power in 2013, the prospects on worldwide wind industry are rising, according to a new report from Navigant Research.

read more... 25/07/2014

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