Qatari LNG producer RasGas delivered the first cargo at the second jetty of Fluxys-operated Zeebrugge LNG terminal in Belgium.
read more... 13/12/2016
German electric utility service provider E. ON unveiled it will build a new 228MW onshore windfarm in Willacy County, Texas.
read more... 13/12/2016
Crude oil prices skyrocketed to an 18-month high on Monday after OPEC and some of its rivals inked their first deal since 2001 to jointly cut output to fight against the global oversupply. On Saturday, producers from non-OPEC, led by Russia, agreed to slash output by 558,000 barrels per day, short of the target of 600,000 bpd but still the largest non-OPEC contribution ever. Brent crude futures rallied $1.36 to settle at $55.69 per barrel, a 2.5 percent rise, after hitting a session peak of $57.89, the highest since July 2015. The U.S. WTI rose by $1.33 to end at $52.83 a barrel, a 2.6 percent gain, though that was sharply off the day's highs.
read more... 13/12/2016
Britain's National Grid has vended a majority stake in its gas network in a 5.4 billion pound ($7 billion) agreement which might test Prime Minister Theresa May's promise to examine infrastructure sales to foreign purchasers
read more... 12/12/2016
French utility EDF has advanced the relaunch date of three nuclear reactors involved in a safety investigation, signaling it may have obtained the authorization from safety regulator ASN to restart production.
read more... 12/12/2016