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Reabold Resources and partners discover massive onshore gas field in UK

Reabold Resources and its partners Union Jack Oil and Rathlin Energy have announced the discovery of what could potentially be the UK’s largest onshore gas field.

read more... 20/06/2019

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Norway seeks to open areas to hold up to 3.5 GW of floating wind

Norway’s Ministry of Petroleum and Energy will consider opening two offshore areas for applications to build floating wind parks with a total potential capacity of up to 3.5 GW, it announced today.

read more... 20/06/2019

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Pavilion Energy buys Iberdrola’s LNG assets

Temasek-owned Pavilion Energy has entered into an agreement to purchase the portfolio of LNG assets of the Spanish energy company, Iberdrola.

read more... 20/06/2019

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Daily (19.06.2019): WTI futures hiked by 4% on Tuesday, on improved trade negotiations between China and U.S.

Crude oil prices increased by more than $1 a barrel on Tuesday, ahead of the G20 summit later this month, when China and U.S. will try to negotiate softer trade tariffs. Tensions in the Middle East also lent support to prices. As a result, Brent crude rose by 2% to $62.14 a barrel, while WTI futures closed 3.8% higher at $53.90 a barrel.

read more... 19/06/2019

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Siemens Gamesa to supply turbines for wind project in Taiwan

Spanish wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has secured an order to supply turbines for the 376MW Formosa 2 offshore windfarm project in Taiwan.

read more... 19/06/2019

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