The Scottish Government has offered £1.5 million of backing to offshore wind farm companies.
read more... 20/06/2016
Crude oil prices rebounded about 4% on Friday, as a weaker dollar and fears ease about Britain’s possible exit from the European Union prompted investors to purchase riskier assets. Brent crude futures' front-month contract rose by $1.98, or 4.2%, to settle at $49.17 a barrel. The front-month in U.S. crude's West Texas Intermediate (WTI) futures boosted $1.77, or 3.8%, to end at $47.98. For the week, Brent declined nearly 3% and WTI lost more than 2%.
read more... 20/06/2016
Russia’s oil company Lukoil mulls spinning off or selling its downstream assets in Europe to focus on exploration both in Russia and abroad, according to Chief Executive Vagit Alekperov.
read more... 20/06/2016
Spain's Gamesa and Germany's Siemens intend to combine their wind businesses to establish the world's largest builder of wind farms since Siemens aims to strengthen its weak position in the onshore market.
read more... 17/06/2016
A consortium of 16 Dutch companies and research institutes are envisaging reducing costs of offshore wind to €0.07 per kWh by 2030.
read more... 17/06/2016