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Daily (06.06.2017): UK spot gas price dropped by 1.9% on oversupply

Oil prices dropped on Monday on worries that that the cutting of connections with Qatar by the most important crude exporter Saudi Arabia and other Arab states might hamper a global accord to reduce oil production.

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Daily (05.06.2017): European spot electricity prices fell 14-16% on Friday

Oil prices plunged on Friday, on fears that U.S. President Donald Trump's decision to exit a climate pact could cause more crude drilling in the United States, worsening a global glut.

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BP gives approval to $500 million gas project offshore Trinidad

BP has given the authorization for its $500 million Angelin offshore gas field development in Trinidad and Tobago to help counterbalance decreasing production in one of the company's major hubs.

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RWE confirms supply of first LNG from Qatargas under mid-term agreement

German utility RWE declared it had obtained its first cargo of liquefied natural gas (LNG) from Qatargas late last month under a seven-and-a-half-year agreement inked in 2016.

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Vestas anticipates significant wind investments despite U.S. climate accord exit

Wind energy will still attract significant investment in the United States and around the world despite President Donald Trump's decision to exit from the global climate deal, as predicted by major wind turbine producer Vestas on Friday.

read more... 05/06/2017

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