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Daily: Crude oil prices down 2%, posting third weekly decline
Crude oil prices lost as much as 2% on Friday, registering their third weekly fall, dragged down by a soaring dollar and higher interest rate expectations after a spike in U.S. jobs growth on October. Brent crude price decreased by 56 cents, or 1.2 percent, to settle at $47.42 a barrel, recording a 4.2% on the week. WTI crude shed 91 cents, or 2 percent, to close at $44.29. It fell 5 percent on the week.
read more... 09/11/2015
Brent crude oil price plunges by about 42% year-on-year
Brent crude on London’s ICE Futures exchange fell 60 cents, or 1.2%, to settle at $47.98 a barrel on November 5, with prices at their weakest level in over a week, pulled out by a stronger dollar and a supply glut.
read more... 06/11/2015
DONG Energy to build the biggest offshore wind farm in the world
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
Canadian energy firm Enbridge partner with E.ON and GIB in Rampion offshore wind project
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
Daily: European coal prices soar on approaching winter peak demand season
Crude oil futures recorded their lowest settlement level in more than a week, dragged down by increasing crude inventories in the United States and the dollar appreciation. West Texas Intermediate (WTI) crude for December delivery fell $1.12, or 2.4%, to settle at $45.20 a barrel on the New York Mercantile Exchange. That was the lowest level since October 27. Brent crude on London’s ICE Futures exchange decreased by 60 cents, or 1.2%, to close at $47.98 a barrel, with prices also at their lowest close in over a week.
read more... 06/11/2015