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Daily: Crude oil plunges to three-week lows on intensifying Greek crisis, Iran nuclear deal
Crude oil futures touched 3-week lows on Monday as Greece closed its banks and imposed capital controls, triggering widespread risk aversion, while Iran was expected to extend nuclear negotiations with the West to export more of its oil into an already flooded market. Brent crude futures declined by $1.25, or almost 2 percent, to settle at $62.01 a barrel, its lowest level since June 5. U.S. crude eased $1.30, or 2.2 percent, to close at $58.33 a barrel, its weakest settlement since June 8.
read more... 30/06/2015
Polish minister will meet constructer Saipem on postponed LNG terminal
Polish treasury minister Andrzej Czerwinski declared on Monday he would meet Italian construction company Saipem next week to guarantee that a liquefied gas terminal on the Baltic Sea launches in 2015 after several deferrals.
read more... 30/06/2015
Vestas obtains 39 MW order in Denmark
Danish wind turbine manufacturer Vestas Wind Systems declared late on Monday it had obtained a 39 megawatt turbine order for a wind project in Denmark.
read more... 30/06/2015
China unveils a mega-project, with natural gas as a priority
China unveiled a mega-project called “One Belt – One Road” which will unleash a regional infrastructure boom by connecting China with Asia, Europe and Africa by land and sea. If completed, it will be the biggest infrastructure undertaking ever built.
read more... 29/06/2015
GE will defend Alstom electricity unit to purchase at EU hearing
General Electric will try to convince hesitant EU antitrust regulators of the merits of its 12.4 billion euro (US$13.9 billion) offer for Alstom's electricity unit at a hearing, as stated by the U.S. consortium on Saturday.
read more... 29/06/2015