DONG Energy has announced it intends to develop the Walney Extension Offshore Wind Farm which will be located in the Irish Sea, off the west coast of Cumbria, Britain, close to the 367.2 MW Walney Offshore Wind Farm. After having obtained all permits from relevant authorities the Danish society has announced its final investment decision last month.
read more... 06/11/2015
E.ON has made known on Thursday that the Canadian energy firm Enbridge has joined the Rampion offshore wind project by purchasing an interest of 24.9 percent. Enbridge will turn into one of three shareholders in Rampion Offshore Wind Limited. E.ON will continue to be the controlling shareholder at 50.1 percent, while the UK Green Investment Bank plc (GIB) possessing a 25 percent interest.
read more... 06/11/2015
Russian energy giant Gazprom intends to develop gas projects in Belarus.
read more... 05/11/2015
Poland has obtained a loan estimated at approximately PLN 2 billion (£0.32bn) to develop the country’s energy sector.
read more... 04/11/2015
Crude oil prices declined on Monday after pessimistic Chinese factory data intensified worries about energy demand in the No.2 economy, while record high Russian crude output helped to ease the global supply glut. Brent crude declined by 77 cents, or 1.6 percent, to settle at $48.79 a barrel. U.S. crude futures slipped 45 cents, or 1 percent, to close at $46.14.
read more... 03/11/2015