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Daily: Oil contracts up 5% for the week on OPEC revived hopes

Crude oil price ended higher on Friday, closing out a bullish week for crude oil, spurred by growing expectations that OPEC will find a solution to limit production at the end of the month. Brent crude rose by 37 cents, or 0.8 percent, to settle at $46.86 per barrel, posting its first weekly increase in five weeks. U.S. West Texas Intermediate crude climbed 27 cents, or 0.6 percent, for the day, to close at $45.69 a barrel. It posted its first weekly increase in four weeks. For the week, Brent and U.S. crude both rose roughly 5 percent.

read more... 21/11/2016

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Siemens awarded five onshore wind projects in its native country

Siemens was awarded five new contracts in its native country Germany to supply 23 of its direct-drive turbines.

read more... 26/10/2016

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EDF and Britain will ink Hinkley Point contracts on Thursday

French state-controlled utility EDF has decided to ink agreements with the British government for its Hinkley Point nuclear project on Thursday, as mentioned by French financial daily Les Echos.

read more... 26/09/2016

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ScottishPower will place contracts in wind farms valued at £3 billion

ScottishPower is on course to place contracts estimated at over £3 billion this year, its highest yearly investment to date.

read more... 14/09/2016

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Daily: British forward contracts firm as pound plunged to one-month low

Crude oil prices declined on Tuesday, dragged down by concerns about worldwide petroleum oversupply, offsetting forecasts for a weekly decline in U.S. crude stockpiles, weighing on energy shares and capping gains on Wall Street. Brent crude ended down 41 cents, or almost 1 percent, at $44.98 a barrel. U.S. West Texas Intermediate crude lost 25 cents, or 0.6 percent, to close at $42.77.

read more... 10/08/2016

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