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Vestas has been awarded the largest ever single offshore order in the UK

Vestas, the Danish wind manufacturer announced its offshore joint venture MHI Vestas Offshore Wind has been awarded the largest single order it had received yet.

read more... 18/05/2015

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Daily: Brent crude recovers to settle up at $66.81 a barrel

Brent crude recovered from Friday’s early low, while WTI crude declined as investors and traders argued whether the rally in oil prices over the past month and a half should persist amid tenaciously strong supplies. Brent crude have soared nearly 20% since the end of March, while US crude futures have increased by around 30%. Crude stockpiles in the United States, meanwhile, held near 80-year highs. Oil benchmark Brent rose 11 cents to settle at $66.81 a barrel. US crude closed down 19 cents to hit $59.69 a barrel, after declining more than $1 during the session amid stronger dollar that dragged down commodities denominated in the currency.

read more... 18/05/2015

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Russia's Gazprom receives $32 million from Naftogaz as pre-payment for gas

Ukraine's state-run gas firm Naftogaz has transmitted $32 million to Russia's gas monopoly Gazprom as an additional pre-payment for gas deliveries, as stated by a representative of the company on Monday.

read more... 18/05/2015

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Poland’s PGNIG files lawsuit against Gazprom claiming lower prices

PGNiG, Poland’s largest gas distributor has filed a lawsuit against Gazprom and Gazprom Export in the Stockholm arbitration court, claiming favourable gas terms similar to the European gas market.

read more... 15/05/2015

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Total receives the go-ahead to resume shale gas operations in Denmark

French energy giant Total received the green light to continue shale gas exploration in Denmark, following a halting ordered by Danish Energy Agency (DEA).

read more... 15/05/2015

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