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UAE: A 200 MW facility launched at Maktoum Solar Park

Electricite de France and Abu Dhabi-based renewables firm Masdar launched a 200-megawatt (MW) facility, which is the third and latest phase of the Mohammed bin Rashid Al Maktoum Solar Park, as stated by local media.

read more... 07/05/2018

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Daily (07.05.2018): WTI crude surged by 1.9% on Friday due to tight global supplies

Oil prices rose on Friday on tight global supplies and because the market waited for the news on possible new U.S. sanctions against Iran. Brent crude added $1.25, or 1.7 percent, to close at $74.87 a barrel. WTI futures settled 1.9% higher at $69.72 a barrel.

read more... 07/05/2018

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Daily (04.05.2018): French spot power contract down 8.9% on Thursday due to higher wind and solar generation

OPEC output cuts and the potential for new U.S. sanctions on Iran bolstered oil prices on Thursday. Brent crude gained 26 cents, or 0.4%, to close at $73.62 a barrel. WTI futures added $0.5, or 0.7%, to end at $68.43 a barrel.

read more... 04/05/2018

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Daily (03.05.2018): European carbon prices declined by 2.4% on Wednesday

Oil prices increased on Wednesday as the U.S. dollar dropped from its peak for the year after the Federal Reserve left its benchmark interest rate constant. Brent crude was 23 cents, or 0.3%, up at $73.36 a barrel. WTI futures added 1% to end at $67.93 a barrel.

read more... 03/05/2018

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Statoil begins construction works on Norway’s biggest oil line

Statoil made known on Monday that Italy’s Saipem has commenced operations to install Norway’s biggest crude oil pipeline, part of the Johan Sverdrup offshore expansion.

read more... 03/05/2018

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