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Vattenfall to build the largest offshore wind farm in the Nordics

Vattenfall has won a tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea, with a record low bid of EUR 49.9 per MWh, bringing down the costs for renewable energy.

read more... 10/11/2016

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Poland: PGNiG envisages to take legal action over EU Opal pipeline move

Polish state-controlled gas company PGNiG declared that an EU decision to permit Gazprom more access to Germany's Opal gas pipeline was very negative for central and eastern Europe and threatened to take legal action against the move.

read more... 10/11/2016

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Daily: Crude oil rebounds after Trump surprise victory for U.S. presidency

Crude oil prices climbed on Wednesday following a rebound of stockpiles and as dollar recovered from a considerable early decline after Donald Trump’s unexpected victory in the U.S. presidential election. Brent futures rose by 32 cents, or 0.7 percent, to settle at $46.36 a barrel, while U.S. crude boosted 29 cents, or 0.6percent, to close at $45.27 per barrel.

read more... 10/11/2016

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The victory of Trump boosts coal, hits renewable stocks

The prospect of a sudden change in U.S. climate policy under President-elect Donald Trump increased the shares of U.S. mining equipment giant Caterpillar Inc, North American railroads and other firms linked to fossil fuels, and hit shares of renewable energy companies.

read more... 10/11/2016

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Chevron launches production at Alder gas field in North Sea

U.S. oil major Chevron and its co-owner of the field, ConocoPhillips have started yesterday production on one of the oldest North Sea gas discoveries, at the Alder gas condensate field in the Central North Sea.

read more... 09/11/2016

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