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Daily (04.03.2020): Crude oil prices end on a mixed note on Tuesday despite an unexpected Fed rate cut

Crude oil futures ended on a mixed note on Tuesday, with investors remaining skeptical whether the unexpected cut in the Fed's interest rates could indeed revive global demand hit by the new coronavirus.

read more... 04/03/2020

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Nordex receives order for 120 MW wind farm in Turkey

The German wind turbine manufacturer, Nordex Group, has received an order from Turkey to supply wind turbines for the 120-megawatt (MW) Evrencik Wind Farm located in the eastern Thrace region, the company announced Tuesday.

read more... 04/03/2020

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The road to 2050 should be fossil gas pipelines free

All scenarios prepared by transmission grid operators feature very high shares of gas in Europe’s future energy mix.

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Eni targets 55 GW of installed renewables by 2050

Italian oil and gas major Eni SpA last week announced a new goal to progressively expand its installed renewable energy capacity around the world to more than 55 GW by 2050.

read more... 04/03/2020

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Daily (03.03.2020): Strong gains in oil prices on Monday, on optimism for OPEC further output cuts

Crude oil futures recorded strong gains on Monday, as central banks promised to protect financial markets from the impact of the coronavirus. Moreover, Russia announced its willingness to cooperate with Opec+ partners to support the world oil market.

read more... 03/03/2020

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