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Glennmont to buy 25% stake in Gode Wind 1 offshore windfarm

London-based fund manager Glennmont Partners has entered an agreement to acquire a 25% stake in the Gode Wind 1 offshore windfarm in Germany from Global Infrastructure Partners II (GIP II).

read more... 03/07/2019

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Yamal LNG H1 2019 production hits 9 million tons

Russia’s largest independent natural gas producer Novatek said that Yamal LNG has produced 9.0 million tons of LNG and 0.6 million tons of stable gas condensate in the first half of 2019.

read more... 03/07/2019

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French hydropower output fell 23.4% yr-on-yr in May due to low rainfall -RTE

French hydropower generation tumbled 23.4 percent year on year to 5.6 terawatt hour in May due to lower rainfall compared with the same month a year ago, French power grid operator RTE said on Tuesday.

read more... 03/07/2019

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Daily (02.07.2019): NBP spot spiked by 11% on Monday, due to outages at Norwegian gas infrastructures

Crude oil prices diverged on Monday. WTI futures inched up by 1.1% to $59.09 a barrel, following OPEC’s decision to extend its output cuts by another nine months until March 2020. Prices were also supported by the easing of trade tensions between U.S. and China, as their presidents agreed not to impose further tariffs on U.S. and Chinese goods. However, Brent crude settled 2.2% lower at $65.06 a barrel, due to persistent demand worries stoked by the slowing global economy and surging U.S. crude production.

read more... 02/07/2019

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Vestas announces 947 MW of US wind turbine orders

Danish wind turbine manufacturer Vestas Wind Systems A/S on Sunday unveiled orders in the US for the supply of 947 MW in total.

read more... 02/07/2019

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