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Daily: German power prices rose on lower wind and solar production
On Thursday oil prices were up 1 percent on U.S.-Iran military tensions in the Gulf and rumors that the dollar will drop according to a monetary policy speech made by the head of U.S. Federal Reserve. Brent crude futures increased by 62 cents, or 1.3 percent, at $49.67 a barrel. U.S. West Texas Intermediate (WTI) futures augmented by 56 cents, or by 1.2 percent, arriving at $47.33.
read more... 26/08/2016
Rasgas supplies first LNG to Italy's Toscana terminal
Qatar's RasGas supplied its first cargo of liquefied natural gas (LNG) to Italy's Toscana floating storage regasification unit (FSRU) on Tuesday, as stated by the company.
read more... 25/08/2016
Block Island Wind Farm: the first offshore wind farm in the United States
Deepwater Wind has finally made known that the Block Island Wind Farm is complete and likely to begin putting electricity on the grid by November.
read more... 25/08/2016
Daily: Gas prices down on an oversupplied system
Oil prices dropped on Wednesday, with U.S. crude reducing by about 3 percent, on renewed worries over oversupply, due to an unexpected huge inventory in the world's biggest oil consumer. U.S. West Texas Intermediate (WTI) futures settled down at $46.77 per barrel, decreasing by $1.33, or 2.8 percent. Brent crude futures dropped by 91 cents, or 1.8 percent, arriving at $49.05.
read more... 25/08/2016
RWE launches £12 million hydropower station in Scotland
A hydropower station valued at £12 million has officially been launched in Scotland.
read more... 25/08/2016