On Thursday oil prices were up 1 percent on U.S.-Iran military tensions in the Gulf and rumors that the dollar will drop according to a monetary policy speech made by the head of U.S. Federal Reserve. Brent crude futures increased by 62 cents, or 1.3 percent, at $49.67 a barrel. U.S. West Texas Intermediate (WTI) futures augmented by 56 cents, or by 1.2 percent, arriving at $47.33.
read more... 26/08/2016
Qatar's RasGas supplied its first cargo of liquefied natural gas (LNG) to Italy's Toscana floating storage regasification unit (FSRU) on Tuesday, as stated by the company.
read more... 25/08/2016
Deepwater Wind has finally made known that the Block Island Wind Farm is complete and likely to begin putting electricity on the grid by November.
read more... 25/08/2016
Oil prices dropped on Wednesday, with U.S. crude reducing by about 3 percent, on renewed worries over oversupply, due to an unexpected huge inventory in the world's biggest oil consumer. U.S. West Texas Intermediate (WTI) futures settled down at $46.77 per barrel, decreasing by $1.33, or 2.8 percent. Brent crude futures dropped by 91 cents, or 1.8 percent, arriving at $49.05.
read more... 25/08/2016
A hydropower station valued at £12 million has officially been launched in Scotland.
read more... 25/08/2016