Crude oil prices rose over 3 percent on Tuesday, with investors buying back into the market after a two-day a two-day rout caused by Britain’s vote to quit the European Union. Brent crude futures advanced 3 percent, or $1.42, to close at $48.58 per barrel. U.S. crude climbed 3.3 percent, or $1.52, to settle at $47.85.
read more... 29/06/2016
The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.
read more... 28/06/2016
Poland’s state-owned gas distributor PGNiG received its first spot liquefied natural gas (LNG) from Norway’s Statoil originating from its LNG facility on Melkoya Island.
read more... 28/06/2016
Denmark's Dong Energy will surpass its 2020 goal of installed wind capacity with the addition of the German offshore wind farm Borkum Riffgrund 2, as announced by the firm on Friday.
read more... 28/06/2016
Crude oil prices plunged nearly 3 percent on Monday, with Brent reaching seven-week lows, dragged down by rallying dollar and market uncertainty over Britain’s surprising vote to leave the European Union threatened to weaken oil’s rebound this year. Brent and U.S. crude have lost almost 8 percent since Thursday's settlement - the largest two-day drop in nearly five months after Brexit vote. Brent eased $1.25, or 2.6 percent, to settle at $47.16 a barrel. It dipped to a seven-week low of $46.69 during the session. WTI crude shed $1.31, or 2.8 percent, to close at $46.33.
read more... 28/06/2016