Latest news
Daily (23.01.2020): Brent fell over 2% on Wednesday on supply glut concerns, coronavirus spread in China
Crude oil prices fell more than 2% on Wednesday following a supply glut forecast released by IEA. Moreover, the spread of China’s coronavirus increased concerns about demand. Brent crude for March delivery dipped $1.38, or 2.1%, to settle at $63.21 a barrel on ICE London. WTI for February shed $1.64, or 2.8%, to end at $56.74 on NYMEX.
read more... 23/01/2020
UK awards £50m for clean energy projects in Africa
The UK Government has announced an investment of more than £50 million to support clean energy projects across countries in Africa.
read more... 23/01/2020
'Power of Siberia' Pipeline Begins Flow to China
China has started to consume Russian gas via the newly launched "Power of Siberia" pipeline, said CNPC-backed Kunlun Energy Ltd, operator of the pipeline in China, on Wednesday.
read more... 23/01/2020
World’s largest offshore wind farm – 3.6GW – begins construction
Construction on the world’s largest offshore wind farm – 3.6 gigawatts, or 3,600 megawatts – has begun near the coastal village of Ulrome, East Riding of Yorkshire, England, with the beginning of construction of the onshore infrastructure.
read more... 23/01/2020
Daily (22.01.2020): Brent crude down 1% on Tuesday as robust global supply reduced fears of Libyan output cuts
Crude oil prices drew back on Tuesday as robust supply worldwide counterweighed reports indicating that Libyan output would decline.
read more... 22/01/2020