Latest news
Dong Energy to divest 50% of its German offshore wind farm project
Denmark’s Dong Energy, the biggest developer of offshore wind farms, has agreed to sell 50% of the 252MW Gode Wind 2 offshore wind farm project in Germany to a consortium of Danish pension funds (PKA).
read more... 18/07/2014
Daily: Crude oil prices jump on new Russia sanctions, jet crash
Crude oil prices rallied on Thursday, recovering from a weeks-long decline on new U.S. sanctions unveiled on Wednesday and after a Malaysian airliner was shot down over eastern Ukraine, considerably intensifying the conflict between Russia and Ukraine. Brent crude for September delivery increased by 72 cents to settle at $107.89, while U.S. crude climbed for a second consecutive session, settling up $1.99 at $103.19 per barrel, its strongest point since mid-June.
read more... 18/07/2014
UK government approves the construction of EON's Rampion offshore wind farm
The British government gave the go-ahead for the construction of a major new wind farm off the coast of Sussex, in UK.
read more... 17/07/2014
China is eyeing the construction of a floating liquefied natural gas vessel in South China Sea
China’s energy conglomerate CNOOC is considering the possibility of erecting a floating liquefied natural gas (FLNG) vessel, a revolutionary technology that will be able to produce gas from the deep waters of the South China Sea.
read more... 17/07/2014
Daily: British wholesale gas plunges for the second day on supply glut
U.S. crude oil recovered more than $1 on Wednesday, rebounding from recent straight falls after government data showed the country's crude inventories dipped considerably previous week. U.S. crude for August delivery rose by $1.24 to close at $101.20 a barrel, the highest level since July 10. The European benchmark, Brent contract for August delivery, which expired on Wednesday, fell 17 cents to settle at $105.85 a barrel. Brent price for September delivery augmented 29 cents ending at $107.17.
read more... 17/07/2014