Crude oil ended 5 percent lower on Friday after Britain’s vote to quit the European Union triggered massive risk aversion and a hike in U.S. dollar that threatened to curb shortly a three-month-long rebound in worldwide oil markets. Brent crude closed down 4.9 percent, or $2.50, at $48.41 a barrel. It had plunged 6 percent earlier to $47.54. U.S. crude eased 5 percent, or $2.47, to settle at $47.64, its largest one-day drop since February.
read more... 27/06/2016
Offshore wind turbine provider Adwen and blade provider LM Wind Power have partnered together to present the largest wind turbine blade in the world.
read more... 24/06/2016
Romania’s coal-fired power plant fleet is violating European emissions laws, as stated in a report published this week by Greenpeace Romania.
read more... 24/06/2016
Leviathan associates have authorized a $120 million front-end engineering and design agreement for the expansion of the giant gas field offshore Israel. The three partners – Delek Group (45.3%), Noble Energy (39.7%) and Ratio (15%) – approved to Noble Energy, the operator, to begin the Feed phase.
read more... 24/06/2016
Crude oil prices ended 2 percent higher after a volatile session on Thursday, as investors were less preoccupied about the future of global economy after the last pre-vote opinion surveys indicated Britain will not quit the European Union. Brent crude rose $1.03, or 2.1 percent, to settle at $50.91 a barrel. U.S. crude closed at $50.11 a barrel, up 98 cents. Both contracts jumped in the last few minutes of trading.
read more... 24/06/2016