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Daily (05.09.2017): Brent price down by 0.8% on Monday, while WTI crude up amid reviving U.S. refineries
Brent price fell on Monday, after North Korea detonated a hydrogen bomb sparking a powerful 6.3 magnitude earthquake, 'escalating' nuclear crisis. This triggered a shift away from crude markets to assets perceived to be safer, such as gold. Brent crude edged $0.41, or 0.78% lower at $52.34. Meanwhile, the WTI had an opposite trend, growing by 0.23% to settle at $47.40 a barrel, as U.S. refineries that use crude to make fuel were gradually starting up again, along with the pipelines transporting products. This is a potentially bullish development for the WTI crude oil.
read more... 05/09/2017
HBC to continue subsea inspections of DONG Energy’s offshore wind farms
HBC Group has settled a deal with DONG Energy to carry out sub-sea inspections on DONG Energy’s offshore wind parks, located in German and Dutch North Sea.
read more... 22/08/2017
Statkraft will start sale of its stakes in two UK wind parks
Norway's state-owned electricity company Statkraft will this month offer for sale its stakes in two wind parks off Britain's coast, Sheringham Shoal and Dudgeon, and wants to reach an agreement early in 2018, as stated by a spokesman for the firm on Tuesday.
read more... 15/06/2017
Masdar conglomerate finalizes the funding for the third phase of Dubai solar farm
A group managed by Abu Dhabi's renewable energy firm Masdar has accomplished the financing for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, it declared on Wednesday.
read more... 15/06/2017
DONG Energy will integrate batteries into UK offshore wind park
Danish state-run utility and wind power developer DONG Energy will install a battery system at its Burbo Bank Offshore wind park off the coast of Britain to help supply stable supplies to the grid, it declared on Wednesday.
read more... 08/06/2017