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Daily (05.06.2017): European spot electricity prices fell 14-16% on Friday

Oil prices plunged on Friday, on fears that U.S. President Donald Trump's decision to exit a climate pact could cause more crude drilling in the United States, worsening a global glut.

read more... 05/06/2017

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BP gives approval to $500 million gas project offshore Trinidad

BP has given the authorization for its $500 million Angelin offshore gas field development in Trinidad and Tobago to help counterbalance decreasing production in one of the company's major hubs.

read more... 05/06/2017

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RWE confirms supply of first LNG from Qatargas under mid-term agreement

German utility RWE declared it had obtained its first cargo of liquefied natural gas (LNG) from Qatargas late last month under a seven-and-a-half-year agreement inked in 2016.

read more... 05/06/2017

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Vestas anticipates significant wind investments despite U.S. climate accord exit

Wind energy will still attract significant investment in the United States and around the world despite President Donald Trump's decision to exit from the global climate deal, as predicted by major wind turbine producer Vestas on Friday.

read more... 05/06/2017

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Norway: Statnett obtains 0.3 bln euro loan from EIB for electricity cable to Germany

Norway's grid operator Statnett obtained a 300 million-euro ($336.33 million) loan from the European Investment Bank to finalize its electricity cable to Germany, according to the company on Friday.

read more... 02/06/2017

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