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Daily (11.03.2020): Oil, stuck between coronavirus and price war, sharply recovered on Tuesday as Russia is open to renew cooperation with OPEC
Crude oil futures rebounded on Tuesday after having hit the worst session since 1991the previous day as ongoing talks between OPEC and Moscow remain possible.
read more... 11/03/2020
Bulgaria's Bulgargaz to book capacity at Greek LNG terminal
Bulgaria’s state-owned gas company Bulgargaz will reserve 500 million cubic gas annually for 10 years at the liquefied natural gas (LNG) terminal now being built in northern Greece, the government said on Tuesday.
read more... 11/03/2020
Iberdrola to invest EUR 150m in EV charging infrastructure
Spanish energy giant Iberdrola SA (BME:IBE) announced today it will invest EUR 150 million (USD 170.5m) to install 150,000 electric vehicle (EV) charging stations over the next five years under the updated sustainable mobility plan.
read more... 11/03/2020
Russia's Power of Siberia gas pipeline to stop for maintenance in March
The Power of Siberia gas pipeline will stop for a routine maintenance checkup in the second half of March, Interfax news agency reported on Tuesday, citing Russian gas giant Gazprom.
read more... 11/03/2020
Daily (10.03.2020): Black Monday for oil prices: oil hits its worst session since 1991
Oil prices crashed on Monday, to hit their worst session since the start of the Gulf War in 1991, dropping by more than 24% after the failure of talks between Russia and Saudi Arabia.
read more... 10/03/2020