Latest news
Daily (17.08.2018): NBP spot jumped by 4.5% week-on-week to a 5-month peak, due to outages and lower flows from Norway
Oil prices regained momentum on Thursday, after having declined a day earlier because of high crude inventories, but predictions of lower demand kept prices under control. Brent crude closed 1% higher at $71.43 a barrel, posting a 1% loss for the week. Meanwhile, WTI crude rose 0.7% to $65.46 a barrel, slumping by 2% week-on-week.
read more... 17/08/2018
Norway opens up to offshore wind – plans floating projects to help industry
Norway’s minister of petroleum and energy, Terje Søviknes, is to open two areas on the Norwegian continental shelf for offshore wind projects.
read more... 16/08/2018
Aker BP to acquire Total’s Norway offshore acreage for $205m
Aker BP has signed a deal to acquire Total E&P Norge’s stakes in a portfolio of licenses located on the Norwegian Continental Shelf for a total of $205m.
read more... 02/08/2018
Daily (16.07.2018): NBP spot gas price rose by 2.6% on Friday, due to an undersupplied system
Oil prices hiked on Friday, due to the stoppage in Norway and Iraq, while a decline in supplies from Venezuela influenced the global output. Brent crude soared by 1.2% to $75.33 a barrel. Meanwhile, WTI crude settled 1% higher at $71.01, despite U.S. Secretary of State Mike Pompeo’s statement that Washington would consider granting waivers to Iran's crude buyers.
read more... 16/07/2018
Daily(11.07.2018): European carbon prices slightly rose on Tuesday, on bullish trend of power prices
Oil prices rose on Tuesday, supported by a higher-than-expected U.S. stock draw and supply worries in Norway and Libya. Brent crude increased by 1% to $78.86 a barrel. WTI crude edged 0.4% higher at $74.11 a barrel, following Mike Pompeo’s comments on exceptional waivers over Iranian sanctions.
read more... 11/07/2018