Latest news
Daily (19.02.2020): NBP spot soared by 2.8% on Tuesday due to weak LNG supply
Oil prices were almost unchanged on Tuesday in a market still concerned about the coronavirus epidemic and its economic consequences. Brent crude for April delivery rose by 8 cents, or 0.14%, to end at $57.75 per barrel. On the other side, WTI crude slipped by 0.5% to settle at $52.05 per barrel.
read more... 19/02/2020
Green light to Lundin for Barents Sea wildcat
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea offshore Norway.
read more... 19/02/2020
Britain to invest 90 million stg to cut emissions from homes, industry
Britain will invest 90 million pounds ($117 million) on measures to cut carbon dioxide emissions from homes and industry, including two hydrogen plants, the government said on Tuesday.
read more... 19/02/2020
European gas prices set to slump
Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.
read more... 19/02/2020
Daily (18.02.2020): Carbon prices above the €25-threshold amid a bullish wider energy complex
Crude oil futures edged higher on Monday as the coronavirus-related demand worries have been offset by output cuts from major oil producers. Brent crude rose by 35 cents, or 0.6% to settle at $57.67 a barrel. U.S WTI crude increased by 0.5% to end at $52.31 a barrel. However, trading volumes were thin due to the U.S. Presidents’ Day holiday.
read more... 18/02/2020