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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

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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

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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

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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

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European Investment Bank injects 125 million euros in Icelandic 90MW geothermal plant

European Investment Bank (EIB) has inked a EUR 125 million loan agreement with Landsvirkjun, the National Power Company of Iceland, to finance a new geothermal power station and its geothermal wells at Theistareykir, near Husavik in northeastern Iceland.

read more... 13/06/2016

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