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Israel And The UAE Sign Historic Oil Deal
Israel and the United Arab Emirates (UAE) signed this week a preliminary agreement under which crude oil from OPEC’s third-largest producer could be shipped to European markets via an oil pipeline in Israel connecting the Red Sea with the Mediterranean.
read more... 22/10/2020
Daily (21.10.2020): WTI crude at its highest level in seven weeks on Tuesday amid U.S. stimulus deal hopes
Crude oil futures rebounded on Tuesday after four sessions of losses, with WTI crude hitting its highest settlement in almost seven weeks amid expectations for a weekly decline in U.S. crude stockpiles. The resumption of U.S. stimulus negotiations added further upward momentum on the oil markets. Hence, Brent crude for December delivery rose by 54 cents, or 1.3%, to settle at $43.16 a barrel. Meanwhile, WTI crude for November delivery soared by 64 cents, or 1.6%, to end at $41.70 a barrel.
read more... 21/10/2020
UK government extends price cap on energy bills to end of 2021
The cap was introduced in January 2019 to put a lid on standard variable tariffs, the basic rate that energy suppliers charge if a customer does not opt for a specific fixed-term deal. It had been due to expire at the end of this year
read more... 20/10/2020
Westinghouse signs expanded Ukraine nuclear fuel deal
The new contract, signed with the National Nuclear Energy Generating Company Energoatom, adds two VVER-440 reactors at the Rivne nuclear power plant
read more... 01/10/2020
GE scoops 157MW Austrian turbine deal
Manufacturer will provide 30 Cypress machines for two Püspök Group wind farms in Burgenland
read more... 11/09/2020