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Daily (11.05.2017): Oil prices jumped by more than 3% on Wednesday
Oil prices surged by more than 3% on Wednesday, boosted by the biggest one-week slump in U.S. inventories so far in 2017, and after Iraq and Algeria joined Saudi Arabia in sustaining an extension to OPEC supply cuts.
read more... 11/05/2017
France: Macron plans to boost renewable power
The election of Emmanuel Macron, former French Economics Minister, as the country’s new president, was welcomed by France’s renewables sector.
read more... 11/05/2017
Scotland makes an investment of £43 million in low carbon infrastructure
The Scottish Government has made known about an investment of over £43 million in low-carbon infrastructure projects.
read more... 11/05/2017
Huge offshore wind park launches in North Sea after $3 billion support
One of the world’s biggest offshore wind farms is officially launched. The Gemini Offshore Wind Park, which is located 85 kilometers off the coast of the Netherlands and has a capacity of 600 megawatt (MW), covers 68 square kilometers and has 150 Siemens wind turbines. Around 2.8 billion euros ($3.05 billion) was invested in the project.
read more... 10/05/2017
BP and Kosmos Energy find an important gas reservoir offshore Senegal
BP and its partner Kosmos Energy have recently made an important discovery of a gas reservoir offshore Senegal, during drilling the Yakaar-1 exploration well. Yakaar-1 well is situated in the Cayar Offshore Profond block, approximately 95kms northwest of Dakar.
read more... 10/05/2017