Latest news
BP inks $1.3 billion agreement with Det norske to fuse Norwegian oil and gas businesses
Norwegian company Det norske oljeselskap (Det norske) has inked a $1.3bn deal with BP to fuse with BP Norge in a bid to form the biggest Norwegian independent oil and gas producer.
read more... 14/06/2016
Daily: British gas spot price fell over 10 percent on oversupply and new LNG shipments
Crude oil prices declined on Monday, dragged down by U.S. dollar appreciation and pessimistic economic outlook in Europe and in Asia, but gained ground due to ongoing outages in Nigeria. Brent crude oil futures eased 19 cents, or 0.4 percent, to settle at $50.35 per barrel, while U.S. crude declined 19 cents, or 0.4 percent, to end at $48.88 a barrel.
read more... 14/06/2016
China Three Gorges to acquire German wind park Meerwind from the U.S. firm Blackstone
China Three Gorges, the operator of the largest hydropower plant in the world on China's Yangtze River, agreed to acquire German offshore wind park Meerwind from U.S. buyout firm Blackstone.
read more... 14/06/2016
TenneT unveils a futuristic vision of wind energy island 'hub' in North Sea
Dutch renewable energy firm TenneT unveiled a new vision for a man-created island in the North Sea surrounded by wind farms that would act as a large-scale interconnector for distributing offshore wind electricity between EU countries.
read more... 13/06/2016
Yamal LNG project gets its first €1 billion installment
Yamal LNG, a project operated by Novatek said on Friday it has received the first tranche of financing in the amount of €1 billion provided by Sberbank and Gazprombank under a loan agreement signed in April 2016.
read more... 13/06/2016