Latest news
Daily (26.05.2017): Oil prices fell sharply by 5% on Thursday after OPEC’s meeting
Oil prices fell sharply on Thursday after an OPEC delegate said the oil producer group had decided to extend cuts in production by 9 months to March 2018. That statement disappointed several investors, who had expected that OPEC might reduce output even further to drain a global glut.
read more... 26/05/2017
Poland: Enea will spend around 500 mln zlotys to meet EU coal plant rules
Poland's state-run utility Enea will have to spend around 500 million zlotys ($134.22 million) to make most of its electricity stations compliant with the European Union's latest air quality requirements, as stated by Enea's chief executive on Thursday.
read more... 26/05/2017
OMV and ADNOC decide to explore opportunities for collaboration
Austrian oil and gas conglomerate OMV and Abu Dhabi National Oil Company (ADNOC) decided on Thursday to explore opportunities for cooperation, among others in downstream projects.
read more... 26/05/2017
Deutsche Bank and Green Climate Fund ink an agreement to increase private finance
Deutsche Bank and the Green Climate Fund (GCF) have inked an agreement to increase private funding for environmental action.
read more... 26/05/2017
Daily (25.05.2017): European electricity prices fell 13% on Wednesday
Oil prices slightly decreased on Wednesday as investors waited for news from Vienna where ministers from OPEC and other exporting countries were talking about the option to extend production cuts into the first quarter of 2017.
read more... 25/05/2017