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News on Energy
China pushes for mandatory integration of renewable power

China has ordered power transmission companies to provide grid connectivity for all renewable power generation sources and end a bottleneck that has left a large amount of clean power idle, the country's energy regulator said on Monday.

  • Date: 28.03.2016  |  Published on EGF: 28.03.2016  |  Energy  |  from http://www.reuters.com
China leads as green energy investment plans hit record high

China helped push global green energy investment plans to record heights in 2015, offsetting a sharp fall in Germany, authors of a U.N.-backed report said on Thursday, predicting further growth.

  • Date: 24.03.2016  |  Published on EGF: 24.03.2016  |  Energy  |  from http://www.reuters.com
Oil up 6 percent as producers set meeting, Fed seen less hawkish

U.S. oil prices jumped almost 6 percent on Wednesday, erasing losses of the past two days, after major producers firmed up plans to meet in Qatar to discuss an output freeze and U.S. crude stockpiles grew less than expected.

  • Date: 16.03.2016  |  Published on EGF: 16.03.2016  |  Energy  |  from http://www.reuters.com
India signs energy deals with Russia's Rosneft

Indian state companies signed energy deals worth billions of dollars with Russia's Rosneft on Wednesday to buy into its most promising assets in Siberia, stepping up a drive to cut New Delhi's dependence on imports.

  • Date: 16.03.2016  |  Published on EGF: 16.03.2016  |  Energy  |  from http://www.reuters.com
Oil meeting on output freeze unlikely without Iran progress: sources

A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources familiar with the matter say, as OPEC member Iran is yet to say whether it would participate in such a deal.

  • Date: 10.03.2016  |  Published on EGF: 10.03.2016  |  Energy  |  from http://www.reuters.com
Turkmen President Laments Corruption In Oil, Gas Industries

Turkmenistan's president has complained that there is major corruption in the Central Asian country’s oil and gas industries, in an unusually public statement made on state television.

  • Date: 07.03.2016  |  Published on EGF: 07.03.2016  |  Energy  |  from http://www.rferl.org/
Russian oil bosses voice support for oil output freeze, not cut

Russian oil companies back the idea to freeze output at near-record levels reached in January, but did not support any proposals to cut oil production to lift global prices, Energy Minister Alexander Novak said.

  • Date: 01.03.2016  |  Published on EGF: 01.03.2016  |  Energy  |  from http://www.reuters.com
Oil up on Saudi support, China; poll shows less OPEC output

Oil prices jumped 3 percent on Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work with other crude producers to limit market volatility, developments that fed hopes the oil selloff would end.

  • Date: 29.02.2016  |  Published on EGF: 29.02.2016  |  Energy  |  from http://www.reuters.com
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