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Ukraine inks new three-month agreement to purchase Russian gas

Ukraine has inked a new deal to purchase Russian gas over the next three months at $248 per thousand cubic metres, as stated by the Ukrainian energy ministry on Thursday.

read more... 02/04/2015

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Vestas obtains 53 MW order in Finland

Danish wind turbine producer Vestas Wind Systems declared on Tuesday it had obtained a 53 megawatt turbine order for a wind project in Finland.

read more... 01/04/2015

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Daily: Crude oil declines for a third consecutive session on Iran nuclear negotiations

Crude oil declined for a third consecutive session on Tuesday, with Brent crude posting a 12 percent loss for the month, as world powers started to negotiate intensively a nuclear deal with Iran that could bring an additional 1 million barrels per day back online in the coming months. Brent oil dropped $1.18, or 2.1 percent, to settle at $55.11 a barrel, after decreasing to $54.72 during the session. WTI crude decreased $1.08, or 2.2 percent to close at $47.60, off its earlier low at $47.28.

read more... 01/04/2015

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Italy’s Saipem requires more funding to accomplish Poland’s LNG terminal

Italian company Saipem will conclude the postponed construction of Poland's liquefied natural gas (LNG) terminal this summer, but only if it obtains additional payment, as stated by Polish daily Rzeczpospolita, citing Saipem's representative.

read more... 01/04/2015

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Spain: Banco Santander intends to vend Australian wind farm

Spain's Banco Santander SA, Europe's largest bank, intends to vend its single Australian wind farm partially due to the uncertainty about the country's support for renewable energy, as stated by a source on Wednesday.

read more... 01/04/2015

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