Latest news
Daily (29.03.2017): Oil rebounds about 2% on Libyan supply disruption
Crude oil prices advanced as much as 2% on Tuesday after a massive disruption to Libyan oil supplies and as officials hinted OPEC and other producing countries could extend an output reduction deal to the end of the year.
read more... 29/03/2017
Daily (28.03.2017): European forward electricity prices down about 2% tracking lower fuels
Crude oil prices ended lower on Monday, hit by another weekly rise in the U.S. oil rig number and uncertainty over whether OPEC will extend its output reductions into the second half of the year.
read more... 28/03/2017
Eni discovers oil in offshore Mexico
Italian oil and gas giant Eni made a significant oil discovery in the shallow waters of Campeche Bay in offshore Mexico.
read more... 27/03/2017
Statoil purchases 12.5% of Dogger Bank offshore wind project
The Norway based company Statoil, recently announced about the intention to acquire 12.5% in the Dogger Bank offshore wind farm from Statkraft. The acquisition will increase Statoil participation in the 4.8GW offshore wind up to 37.5%.
read more... 27/03/2017
Daily (27.03.2017): Mild weather and new LNG on horizon put pressure on UK gas prices
Crude oil prices posted a modest rise on Friday in a late trading, but lost ground for the week on persisting concerns about crude oversupply.
read more... 27/03/2017